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Sugar is moving down impulsively so far. One more shorter down move can
take place. March 98 Sugar at 11.35 area would be a good point to go
long. The rebound would only be corrective under this scenario, so three
waves would constitute the retracement. Just adding a another view.
nwinski wrote:
>
> Varouj Abrahamian wrote:
> >
> > Well yesterday sugar blew a lot of people out of the water. When every
> > one runs for the door, that is the time to walk in (carefully).
> > Any one has other opinion's let me know.
> > Thank you
>
> VA,
> I don't know about anyone else, but I went long March Sugar on 1/12
> at 1146. I have had this price targeted for several weeks. I knew
> Monday was going to be a an important day for many markets.
>
> Sweetly,
>
> Norman
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