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

RE: July sugar -- COT Data 6/5/98



PureBytes Links

Trading Reference Links

The Commercials have moved very long (95%), versus the Large Speculators
who are still very short (7%), on the other end of the COT Index.


tproeber@xxxxxxxxxx



> -----Original Message-----
> From:	Stig Olausson [SMTP:olausson@xxxxxxxxxxxxx]
> Sent:	Saturday, June 06, 1998 12:08 PM
> To:	RealTraders Discussion Group
> Subject:	July sugar
> 
> July sugar could be a low risk buy.
> 
> Great time relationship (see gif)
> Similar convincing price relationships.(see gif)
> Seems like a minor 5 wave decline has been completed.
> Convincing volume and open interest rise at the bottom.
> To enter around Friday's close 8.07 and a stop just below the low the
> day
> before (which was a new low, but closed above the low and close 3 days
> earlier) at 7,95 we would would risk below $150.00
> 
> Regards
> Stig << File: Time (GIF-billede) >>  << File: price (GIF-billede) >>