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At 11:13 AM 8/29/98 -1000, khanitha wrote:
>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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