[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Futures, JO (Orange Juice)



PureBytes Links

Trading Reference Links

yorker@xxxxxxx wrote:
> 
> On Friday JO shot up approx. 3 cents in the last 5 min of trading.  Does
> anyone know why the late furry in JO. JO just doesn't want to go down even
> though the seasonal tendencey for this time of year is usually down.
> 
> Could we be looking at a good market to get into at historic lows.  If we
> get a freeze this winter this will be the buy of the century.  Starting
> from historic lows to who knows where if this El Nino takes out the orange
> crop.
> 
> I see a wave 5 yet to be completed so I am a little hesitant right here,
> but I am ready to buy with both hands and feet if the recent highs are
> taken out.
> 


http://members.aol.com/chettown/citrus/fcoj.html might have information.

Just be careful:  I believe the last 2 big (limit?) down moves were on
days of reports confirming record crop sizes.  So watch for report
days.