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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Nemer who wrote (1207)	2/13/2001 5:19:19 PM
From: Chip McVickar	Respond to of 12411

Hello HAVENOFEARNEMER'SHERE, >>about Wheat ... now that is a commodity about which I am seldom incorrect<< This is why I asked you. <smile> >>It seems to be poised for a run to 290 but there are a few stumbling blocks in the immediate way ... as in must pierce and turn 265 from resistance to support in the short term ... intermediate term it must pass through 275 and defeat that opposition for it to arrive safe and sound in late Mar at 290 ...<< Okay, by the chart alone then, there doesn't seem any compelling reason to expect a big move in Wheat, say to 5.00...? That turns me to the fundamental reasons to buy, which I will wait on until I others chime in on the charts. You're one of the ILLUSTRIOUS gurus Good Sir. My Best, Chip