Grain Futures Trading Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Grain Futures Trading

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: nicewatch who wrote (552)	5/5/1999 10:33:00 PM
From: John Pitera	Read Replies (2) of 645

Frank, I entirely agree with you that in many of the commodity markets there will be much more basing and rallies will not be nearly as dramtic as the oil rally....BTW I think that oil is very close to it's high for the year... I think we are topping right here or in the next week or so. I think we will trade back to 15 $ basis the nearby contract. ddi you hear there are record long positions in crude by the speculators and record short positions by the commercials Ron Insana has mentioned it today or yest. The commercials tend to be right when they are on one side of the mkt. funny thing with M-3 declining and m-2 rising did you see a Abelson's column in Barrons in the 4-26-99 issue, he showed M-3 contracting over the past 6 months. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next