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


To: Chip McVickar who wrote (1218)2/14/2001 10:26:18 AM
From: Nemer  Read Replies (2) | Respond to of 12411
 
Chip ...

I should've mentioned that I made my lil grasshopper estimate based on March Wheat ...
w01h ...
cause my feeble eyes can't see farther into the future than then ....
I went down the street to my commodity broker's office and pulled up his chart.

btw ...
he thought I was crazy to "see" a runup to 290 and tried to sell me 5 contracts on the spot ...... hehehehe

I'll stick to beans ...
even tho I'm such an expert .......

I still recall, all too well, being the world market for RoughRice years ago ....

The local brokerage does have several accounts (local farmers especially) who use the wheat futures as a hedge against the actual crops.
Wheat is perhaps the second or third most popular crop planted here.

Your other askees surely are taking a long time to give us an answer ......
Sept will be here before you know it .....

NoFear



To: Chip McVickar who wrote (1218)2/14/2001 11:30:46 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 12411
 
I don't see that chart as a buy, but it won't go back very far...

GZ