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Strategies & Market Trends : Grain Futures Trading -- Ignore unavailable to you. Want to Upgrade?

To: MJR who wrote (125)	11/13/1998 1:16:00 PM
From: MJR	Respond to of 645

Looks like beans just broke through the 582 support line I had figured.. not good.. next support seems to be at about 571. Not sure if we'll get there, but continued declines from here are a good bet near term. Mike

To: MJR who wrote (125)	11/13/1998 1:33:00 PM
From: nicewatch	Respond to of 645

Mike, I agree on taking profits. I have not seen the technicals for today yet, but I suspect this selloff did not bring them half circle from overbought to oversold. You mentioned timing strategies... I offer the following to everyone. Message 1183926 No holy grail, but something I've used profitably for a while, in different markets. The link is a little long winded, but I am too lazy to type what has already been said. This strategy is what gave me the heads up to short wheat based on the moving averages at geocities.com Feel free to comment or throw stones. I will try to update some charts later today. Talk to you later Regards, Frank