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


To: nicewatch who wrote (438)2/18/1999 12:17:00 PM
From: MJR  Read Replies (1) | Respond to of 645
 
Slow trade in beans today. A penny here and a penny there and down we go keeping the bears in place. Looks like the only thing that will scare the shorts to cover would be a big change in acerage estimates going into the spring planting season or a big weather-related problem.
NWS' longer term forecasts due out later today.

I'll stay w/ my short bean and short corn positions.
Also, I opened an MIT order to short April Live Cattle at 6735, GTC.

Good luck trading,
Mike