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Timothy:
Thank you so much for the information. Straight and Simple.
I wish some of the other folk on this list could answer questions as simply and
directly as you have.
Why is it soooo hard to get folk on this list to actually answer the questions that
they were asked in the first place.
It seems that a toxic mix or false pride, ignorance, the absence of truth, or lack any
real experience breeds an over-abundance of hyperbole, exageration, misdirection, and
of course. last but not least - character assassination on this mailing list.
Thanks again, for "The answer to my question" , a rare occurance on this mailing list.
Tony
Timothy Morge wrote:
> Tony:
>
> I trade the NY soft markets regularly. I am particularly
> fond trading cocoa, although I do trade sugar frequently and
> OJ at times. At one point, I was managing money for in a
> rather large offshore commodity pool and their fundamental
> research budget was several million dollars a year. They
> maintained their own field researchers and weather
> professionals--you got twice daily reports on all their
> findings, frequent conference calls from all the growing
> areas [from the cocoa pod counters, for example] and more
> research than I could ever digest. They even had weather
> crews in all the major growing states in the US that called
> each of us 'live' as weather made major shifts during
> growing seasons. Personally, I initially was very impressed
> with the research, but as time went on, I found that
> although we had our own resources and also had as much
> availability to other's research as we wanted--all of our
> brokers were eager to show us the mounds and mounds of
> research they had available--it didn't seem to make much
> difference to my trading.
>
SNIP
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