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With all of this agreement, I tried to find a reason not to go short and didn't
find it. Even checked to see if the sugar pit has a habit of running to low then
to high to clear orders and didn't find evidence. The only negative is that it's
trying to pop above the wave 1 Bear Channel. I like the fact that volume was
heavy into the last low so we probably haven't shaken out yet. Of course with
inside day on Friday, it could continue moving up.
Note chart is a CC chart with July still active - won't roll into October until
Monday.
Earl
-----Original Message-----
From: Alan Sears <asears@xxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Friday, June 19, 1998 7:25 PM
Subject: Oct Sugar
>Looks like a nice setup for a short trade in Oct sugar ?
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Attachment Converted: "c:\eudora\attach\SB_SUGR1.gif"
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