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In a message dated 97-07-16 13:33:56 EDT, olausson@xxxxxxxxxxxxx (Stig
Olausson) writes:
<< Subj: GEN. El Nino for Beans.
Date: 97-07-16 13:33:56 EDT
From: olausson@xxxxxxxxxxxxx (Stig Olausson)
Sender: owner-realtraders@xxxxxxxxxxxxxx
Reply-to: olausson@xxxxxxxxxxxxx
To: realtraders@xxxxxxxxxxxxxx (RealTraders Discussion Group)
Last night I stumbled over this El Nino and Bean info on the net:
http://www.canlink.com/planetary_cycles/elnin.html
The report can be bought for $54.00
Has anybody read it yet? Any opinion?
Or do I have to be the first one?
regards
stig >>
Don't need a $54 report to tell ya that if we get hot and dry , beans will
lock limit up for days. If we don't we go right back down. That is the reason
the beans weere down today. We are forcasted to get some wet stuff this
weekend. If we don't beans will lock limit bid on monday, same with corn..and
corn may stay there a day or two. If we get rain we fall. It is a wheather
market now and nothing more . Remeber in the June 30 report, the USDA based
their bean report on perfect wheather.....which is not so perfect right now.
I believe we will rain this weekend, but looking at some sept 750 calls
might not be a bad play, just in case.
Jim
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