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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (20134)6/5/2000 10:20:00 PM
From: Magnatizer  Respond to of 29382
 
Sergio

I am having trouble finding the DJ Commodity ave in my database, therefore I cannot make a comparison as to how closely it tracks CRB. I will get a price for the Sept contract at tomorrow's open and just start out with it so no rolling over is necessary. Will have to pay a bit more prem but it's only monopoly money anyway ;-)

After today it looks like I could get a better entry on the CRB in a few weeks. I doubt that timing an entry is really in the spirit of the contest so I will just let er ride.

BTW: I try to keep the technical jargon to a minimum in my commentary. For instance I think this CRB call is fairly straight forward....

CRB: CRB chart

From last week: If the top dashed green line (223-225 area) hold support into the 6.2.00 cross I like the next move up to be very fast to the low/mid 230s. Playing out well, no changes... 230s this week very likely.

I know what you mean about technical jargon so I really try to KISS (Keep it simple stupid).

ht
Mag



To: Sergio H who wrote (20134)6/6/2000 10:06:00 AM
From: Magnatizer  Read Replies (2) | Respond to of 29382
 
Sergio

I was wrong about expiry month for CRB. I assumed it followed the same quarterly path as the SP 500. It does not. Therefore I will go with the November expiry CRB future.

Open today was 225.00. Ticker CR0X.

Thanks
Mag



To: Sergio H who wrote (20134)6/6/2000 11:30:00 AM
From: Ditchdigger  Read Replies (1) | Respond to of 29382
 
Hello Sergio, just bought some of your AE,,but am going to place a fairly close stop..Not buying much in this market..;^)