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Hi folks
<p>According to my SuperInvestor Files, May,June and July are a good time
to do a seasonal trade on Dec. Wheat & Corn if the ratio is 75 cents
or less.. My old monthly ratio chart on wheat/corn from 1965 to 1988 shows
only few times when the spread head south to 10-0 cents...
<br>The chart below will show you one year worth of Dec. Spread.. as of
yesterday's ratio @
<br>52 cents. http://xeno.licensed.com/clyde/forecasts/Images/wheatcorn.gif
<p>@52 cents * 50$= $2600 would be the maximum draw down per contract not
bad of a deal. According to my file, the U.S. wheat crop is ready for harvesting
in late summer. Everything else being equal, this new surge of supply to
the market will <font face=""><u>depress</u> (or at least restrain) wheat
prices. As a result, futures prices for the contracts representing this
new crop will be relatively low. Meanwhile, because the corn harvest comes
later in the year, the corn prices should remain stable or even trend upward.
Unless outside factors (such as weather) override these pricing tendencies,
the wheat/corn spread should narrow to its seasonal low in <u>late spring
and early summer.</u></font>
<br><font face="">Then, a few months later, just as wheat prices are beginning
to rise (reflecting absorption of the new crop into the demand chain),
the corn harvest will come in and, the new supply will have the same depressant
effect on corn that wheat experienced earlier. The resulting downward pressure
on corn prices should cause the wheat/corn spread to widen in the fall..
Recognition of this pattern, one could purchase the spread around May,
June or July with expectation of selling it around Nov..</font>
<p><font face="">What would be the probability of 52 cents going south
to 10 cents?? Comments/suggestions are welcome.. This is not a trading
recommendation..</font>
<p><font face="">Regards</font>
<br><font face="">Gary Bodnar</font></html>
</x-html>From ???@??? Tue May 18 16:44:30 1999
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Date: Tue, 18 May 1999 16:43:02 PDT
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From: "Danny Joya, M.D." <fjoya@xxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: metastock 6.52
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hi rts
i cant believe i got this problem installing new metastock eod,, i keep
getting different error messages like not enough memory, internal
error..mswin file missing etc. ..i got 333mhz, 9.5 g hard drive..64ram..PC
so i ddont think its my computer not only thaat tthis is the third CD they
sent.....GOOD ITS MONEY BACK GARRANTEE FROM
EQUIS, DO SOMEBODY HAS SAME EXPERIENCE LIKE ME?
THANKS
:)
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