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Re: Commodities



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In a message dated 98-03-05 17:13:11 EST, wmurray@xxxxxxxx writes:

<< 
 Does anyone have any short term preditions on commodities especially
 soybeans, coffee, and orange juice. Thanks in advance for your input.
 
 wiley murray
  >>
Not sure if this constitutes your idea of a short time frame. However soybeans
have two cycles coinciding at the same time for lows in mar. this year. A 24
mo. and 36 mo. Since these cycles match at any given point only once every six
years I am looking at this as a good opportunity to go long and own july
calls, reasoning that a the cycles will be pulling up together off the low. I
am somewhat premature to be long now but will be adding to july calls when the
charts show the present decline to be reversed.
Eric