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


To: MJR who wrote (353)12/15/1998 11:06:00 AM
From: nicewatch  Read Replies (1) | Respond to of 645
 
Mike, Good luck on the trade. I got out of feb hogs a little while ago at 2850. Damn, that market is too volatile for my own peace of mind! I would like to try long beans again, but I am busy for most of the trading due to a final exam... so I'm probably done. I have a buy stop in on march cotton, but I'll be away if and when it gets hit. Talk to you later Regards, Frank



To: MJR who wrote (353)12/18/1998 2:15:00 PM
From: nicewatch  Read Replies (1) | Respond to of 645
 
Surprisingly, beans haven't bottomed yet. I assumed that this correction of the Sept-Nov advance would be an ABC or zig-zag type correction. So far the correction has only been straight down. In hindsight (always 20/20), I bought back my short beans way TOO soon. Oh well, my best trades are ahead of me not behind me... and my only position right now is long may cotton. -OT, crude has been very interesting to watch lately. Talk to you later Regards, Frank