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Re: Cocoa long setup ?



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Hi Alan,

I must say, that's the first time I ever saw the words 'cocoa' and 'low
risk' used in the same sentence!

Good luck with the trade,

Dennis C.
dconn@xxxxxxxxx
-----Original Message-----
From: Alan Sears <asears@xxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Saturday, July 11, 1998 1:05 PM
Subject: Cocoa long setup ?


>Looks to me like Cocoa may be set up for a low risk
>long trade from here ?
>
>assuming entry at 1593 (Fridays close)
>Initial target is at  1660    +67            ($670)
>and stop is at       1572    -21             (-$210)
>for a decent 3:1   ratio
>
>Any comments welcome
>