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Re: (Market) Jul Corn



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<DIV><FONT face=Arial size=2>Adam,</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>Although all the "troops" are in May, I would be a 
seller of July on a close above 287.75.&nbsp; Also, take a hard look at the 
wheat/corn spread (basis July) under 30 cents.&nbsp; It has a bunch of 
potential.&nbsp; I put a bunch on at 27.25 today.&nbsp; Could be a big 
"wiener".</FONT></DIV>
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<DIV><FONT face=Arial size=2>Take care,</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>Steve Karnish<BR>Cedar Creek Trading<BR><A 
href="http://www.cedarcreektrading.com";>http://www.cedarcreektrading.com</A></FONT></DIV>
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style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  Adam Hefner 
  </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A 
  href="mailto:metastock@xxxxxxxxxxxxx"; 
  title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, April 19, 2000 3:34 
  PM</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> (Market) Jul Corn</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
  <DIV><FONT face=Arial size=2>Since corn has reversed back up and remaining in 
  the congestion area</FONT><FONT face=Arial size=2> I will exit the corn sell 
  signal tomorrow with a MIT</FONT></DIV>
  <DIV><FONT face=Arial size=2>at 235.1 (provided that is hit before my buy stop 
  at 239.5). Not sure this is the best way to handle it but if my MIT is 
  hit</FONT></DIV>
  <DIV><FONT face=Arial size=2>I will take a little .05 cent loss, if my stop is 
  hit..a 5 cent loss. Comments anyone?</FONT></DIV>
  <DIV><FONT face=Arial size=2>&nbsp;&nbsp;&nbsp; Adam</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV>&nbsp;</DIV>
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