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Thanks Steve
Gee ... I didn't know. I thought that MW and KW quotes went all the way to
the coast. Is it really true they only get Chicago quotes out west?
Best regards
Walter
----- Original Message -----
From: "Steve Karnish" <kernish@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, April 19, 2000 9:29 AM
Subject: Re: MW0K, MW0N
| Walter,
|
| I can only asssume, and that's dangerous, that "give-ups for cash
positions"
| means abandoning futures positions and holding the grain .... or selling
the
| grain (give-ups) at the terminal or elevator to raise cash. Either
scenario
| would put pressure on the market. I don't follow the commentary or the
MGE
| markets. Minnestoans mix too much professional wrestling with politics
| (although, I understand the common bound between the two professions).
|
| I'm sure my "speculation" on the matter doesn't help. Are you considering
| doing any long wheat/short corn for the next few months? I about to put
on
| bunches and bunches.
|
| Steve Karnish
| Cedar Creek Trading
| http://www.cedarcreektrading.com
|
| ----- Original Message -----
| From: Walter Lake <wlake@xxxxxxxxx>
| To: Metastock bulletin board <metastock@xxxxxxxxxxxxx>
| Sent: Tuesday, April 18, 2000 6:22 PM
| Subject: MW0K, MW0N
|
|
| > Hi Steve
| >
| > I need an explanation for the term "give-ups for cash positions" as used
| in
| > the wheat markets.
| >
| > i.e., "MGE wheat closed mostly lower. Give-ups for cash positions were
| said
| > to be a dominant feature ..." and "... it looks like there was some
heavy
| > movement in the cash markets ..." etc.
| >
| > Your list of "goodies" looks interesting. Thanks for all your hard work
| and
| > help that you've provided.
| >
| > Best regards
| >
| > Walter
| >
| >
|
|