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I to have been bitten by the sugar bear. Do you think it will retreat
back to mid March (9.20...) or has it retraced enough already since we
are back to about the price of the 30th, the day before the big jump
last week? Anybody?
On Tue, 7 Apr 1998 08:30:02 -0700, you wrote:
>Back in January I was sooooo sure that Sugar was going to make a move up
>some time between February and March. I was humbled and reminded again that
>we can not predict the markets, we just have to listen and follow the
>market.
>Right now sugar has been consolidating for about a month and forming a
>wedge. I think maybe we should look at the break out of from the wedge
>formation to determine where sugar will be going next.
Thanks,
Russell
acgeeks@xxxxxxxxxxx
www.bjassociates.com
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