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RT's
In response to "yeppers cocoa trading" I guess I could at least respond
with my current strategy. EW I think we may be looking at a signifigant
long term support/6 year bottom 1390 to 1420 nearby. On 12/08 I bought
4-1500 Mar.cocoa calls at 25, and I sold 1 Mar. future at the market(1437).
If CCH falls a point I buy to close, and hold the options. If CCH bounces
and rallies I hold the short and watch the wave action and look for profits
hopefully in the 1700 to 2000 area. So as you can see, I think cocoa is
going up from here, that is, of course unless it goes down!
Respectfully,
Steve
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