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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Nemer who wrote (17745)3/6/1999 1:50:00 PM
From: Gary E  Read Replies (1) | Respond to of 44573
 
Nemer, CEO BIETS

I found this, is it worth reading ?

Hal

Fundamental: Soybeans and soyoil were once again lower due to fund selling. Soybean harvesting in Brazil is between 12 to 14% complete, with the yields looking good. An USDA attaché ¨as increased the Argentina soybean crop by 1 MMT to 19 MMT.

Technical: Not a good day technically for the soybeans as they gapped lower on the opening. The May through November contracts on their low of the session was within 2 to 3-cents of the contract lows. We currently are long a May 5.25/5.75 bull call spread at 8-cents and we will risk the entire premium.

Complete story here

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