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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?

To: James Calladine who wrote (713)	8/21/2001 11:27:13 AM
From: Robert Douglas	Read Replies (1) \| Respond to of 1643

There are other threads on SI designed for criticism and personal abuse of others and I would suggest that if you are into that source of stuff you locate them and move your input there. I agree, let's put the personal attacks aside and move on. I enjoy reading this thread and appreciate Craig's efforts in supplying many excellent articles to digest.

To: James Calladine who wrote (713)	8/21/2001 6:09:30 PM
From: craig crawford	Respond to of 1643

(BridgeNews) Aug. 21, 2005 GMT/1605 ET ................................................................. TOP STORIES: Gasoline spike, tied to refinery scares, boosts crude oil New York, Aug. 21 (BridgeNews) - Crude oil futures advanced 2.0% as the Sep contract expired, with a 5.5% surge in gasoline spurred by refinery worries helping the entire energy complex. Heating oil was up 2.3%. ( Story .1900 ) Hogs driven to more than 6-month low by technical sales Chicago, Aug. 21 (BridgeNews) - Massive technically driven fund selling forced hog futures down 3.3% to the lowest level since mid-February, with the Oct and Dec contracts hitting one-month lows. Oct blew through sell-stop orders, which accelerated the plunge. ( Story .3205 ) Soybean demand growing sharply, Oil World says Hamburg, Aug. 21 (BridgeNews) - The 2001-02 soybean season "is likely to be mainly demand-driven considering the pronounced tightening that is shaping up in other oilseeds and in palm oil," the Hamburg-based newsletter Oil World said. Soybean demand has grown at an impressive rate in recent months. U.S. soybean crushings reached a record level in July, apparently because of domestic demand, and U.S. export sales are up sharply. ( Stories .2683, .2682 ) Mexico to push coffee destruction at London ACPC meeting Mexico City, Aug. 21 (BridgeNews) - Mexico will lobby world coffee growing nations at September meetings to join with a group of Latin American countries in an effort to destroy low-quality coffee grades, Mexico's senior coffee official said. Mexico, four Central American producers and Colombia have agreed to launch a plan Oct. 1 to destroy, or "remove," 5% of their exports. Together, they produce about 25 million bags, nearly a fifth of total world output. ( Stories .16429, .16452) THE MARKETS: At the close, the Commodity Research Bureau index of 17 futures prices was 0.75 higher at 199.78, first revisiting the lowest level since September 1999. The CRB closed higher and above opening levels, but still was unable to push back above long-term support at 200.00 that was snapped Monday. The index remains in a bearish trend, and persistent price action below 200.00 would set the stage for a retest of the 24-year lows set in the summer of 1999. However, a quick rise back above 200.00 could suggest that recent declines marked the final low for a major move.