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Michael,
I believe there are a number of "give-ups" in the commodities market, of
which you've identified the most commonly used version. My favorite is "I
give-up, these futures are too tough to trade".
Steve Karnish
Cedar Creek Trading
http://www.cedarcreektrading.com
----- Original Message -----
From: Michael Suesserott <MikeSuesserott@xxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, April 19, 2000 7:28 AM
Subject: RE: MW0K, MW0N
> Walter and Steve,
>
> in futures lingo, a give-up is an order executed by one broker for the
> customer of another broker. Also refers to the part of the commission the
> first broker receives from the second broker.
>
> Hope this helps.
>
> Michael
>
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Steve Karnish
> Sent: Wednesday, April 19, 2000 15:29
> To: metastock@xxxxxxxxxxxxx
> 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
> >
> >
>
>
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