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What do you mean 3 traders. Do you mean "not enough volume"?
On Sunday, August 30, 1998 11:18 AM, BrentinUtahsDixie [SMTP:brente@xxxxxxxxxxxx] wrote:
> Go ahead and trade OJ and then there will be 3 traders trading it:-)
>
> Brent
>
> ----------
> > From: khanitha <charlie@xxxxxxxxxx>
> > To: realtraders@xxxxxxxxxxxxxx
> > Subject: O.J. the next bull...
> > Date: Saturday, August 29, 1998 3:13 PM
> >
> > Hi rt's,
> >
> > If you recall, a few weeks ago, some rt's wanted to get short o.j.. I
> > responded by saying if anything you would want to get LONG. Especially
> if
> > we close above the 115 area for the closest (weekly) contract. Again,
> the
> > reason being (KISS) simple. I am doing what follows by memory, but i
> don't
> > think it takes much of a memory for this trade --->
> > 1- We are about to break a 9 year downtrend on the monthly
> > charts!!!,!!!,!!!
> > 2- The winter will be here pretty soon (anticipate the anticipated
> > anticipation)
> > I believe florida does not have the world population of o.j. it
> once
> > claimed, but,
> > regardless, the "freeze play" is still there...
> > 3- Check out the fundamentals--> where in the world are the biggest %
> > suppliers,
> > what are there projections vs. last year. Do they have a potenial
> > frost, of bugs, or
> > hurricanes, or La neenno, or anything to that effect to have the
> > potential for
> > ANY type of "scare"
> > 4- Keep an eye on the weekly, daily, but especially monthly charts.
> Also
> > look
> > at % retracements from the old 1990 highs above $2, to last years 65
> > cents,
> > i think 135 would be the next target, then.......(see my point)
> > 5 - refer up the list here to "1-" !!!
> > 6- who knows, maybe over the next week, clinton and gorby will give up
> > women and
> > wine, and start endorsing orange juice (ha,ha!)
> > just more common sense observations from a fellow trader...
> > gary
> > hawaii
> >
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