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Re: Sugar



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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




  • References:
    • Sugar
      • From: Varouj Abrahamian