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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (42916)3/14/2000 12:00:00 PM
From: Joan Osland Graffius  Respond to of 99985
 
Haim, >>Looking for an entry point. I can guaranty that it will take of like a roket and I will lose the upside move.

IMO, using MB's 1/3 game is good for this situation. They are trading below book value so there is some margin of safety. <g> I don't know if redemption's are causing some problems , but China has quit buying some finished products and are buying more of the commodities. I don't know if China knows what they are doing. Also another negative is we did have a fairly good crop in SA. On the other had both ADM and Cargill are taking crushing plants off line and they will stick together on this until margins increase.

Joan