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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: nicewatch who wrote (40658)6/16/1999 3:07:00 PM
From: Yogizuna  Respond to of 94695
 
Frank,
I think it might be a good idea for me to go long the beans with a close to or in-the-money longer term call pretty soon, as I do not want to miss out on the upcoming bull market. I'm thinking of going WAY-WAY out in time, reducing my leverage somewhat, but also lowering my risk of severe loss.
Sometimes I listen to the radio talk shows, and more and more they are recommending soy based products and food, especially for older women. (and there are going to be lots of them around due to the aging boomer phenomenon) Also, soybeans are very important to those trying to cut back on meat consumption and lowering their cholesterol. So we will have the demand, now we need a cutback in yields. Yogi