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Strategies & Market Trends : Grain Futures Trading

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To: nicewatch who wrote (522)	4/28/1999 2:59:00 PM
From: MJR	Read Replies (1) of 645

Frank: It's nice to be back. I now have gotten back into the grain markets (with real money) and hold a short position in CZ. I am in at $2.35 3/4 so I'm looking at a slight gain w/ today's settle at $2.33. Weather is the main market mover now, but CZ took on a new all-time contract low again today. Definately a bearish sentiment. I'm now waiting for the new NWS 6-10 day forecast. HPC 1-5 day says that the corn belt will be dry through the near-term, thus, lots of corn should get planted by the end of the weekend. Regards, Mike

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