[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: GRAINS HEADED FOR A DOUBLE BOTTOM



PureBytes Links

Trading Reference Links

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>

<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<META content='"MSHTML 4.72.3511.1300"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT color=#000000 size=2>Just an update to my grain trade mentioned last 
week &quot;LEFT IN THE DUST&quot;!!. Was correct in the direction of grains but 
to date do not have a trade in the markets. Trying to buy options at the very 
bottom was a bad strategy because I was never filled. With Beans up limit today 
no sane trader would buy options at these prices. Two weeks ago when everyone 
thought beans were going to 3.00 a bushel you could buy all you want. I learned 
a valuable lesson: I can be correct on the direction but incorrect on my entry 
and not make any money. Next time beans go to 26 year lows I will scale in Call 
options as they collapse. Will have to change strategy as soybean call options 
have become way overpriced. Happy trading. </FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
    <DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From: 
    </B>Terry S. Smith &lt;<A 
    href="mailto:tesla@xxxxxxx";>tesla@xxxxxxx</A>&gt;<BR><B>To: </B><A 
    href="mailto:realtraders@xxxxxxxxxxxx";>realtraders@xxxxxxxxxxxx</A> &lt;<A 
    href="mailto:realtraders@xxxxxxxxxxxx";>realtraders@xxxxxxxxxxxx</A>&gt;<BR><B>Date: 
    </B>Tuesday, July 27, 1999 6:16 PM<BR><B>Subject: </B>GRAINS HEADED FOR A 
    DOUBLE BOTTOM<BR><BR></DIV></FONT>
    <DIV><FONT color=#000000 size=2>GRAINS- It is my opinion that the grain 
    markets are headed for a double bottom. Here is how I will capitalize on 
    this opportunity. Will attempt to buy the March 550 soybean calls on a limit 
    order of 4.5 cents per call, $225.00 an option. If filled will sell half of 
    the position on a double and monitor remaining position. I have witnessed 
    over the past 6 months markets making multi-year lows on double bottoms. Oil 
    and Copper are a few contracts that come to mind. Happy 
trading.</FONT></DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Mon Aug 02 20:17:24 1999
Return-Path: <omega-list-request@xxxxxxxxxx>
Received: from mx1.eskimo.com (mx1.eskimo.com [204.122.16.48])
	by purebytes.com (8.8.7/8.8.7) with ESMTP id UAA00538
	for <neal@xxxxxxxxxxxxx>; Mon, 2 Aug 1999 20:09:00 -0700
Received: (from smartlst@xxxxxxxxx)
	by mx1.eskimo.com (8.9.1a/8.8.8) id UAA09657;
	Mon, 2 Aug 1999 20:07:12 -0700
Resent-Date: Mon, 2 Aug 1999 20:07:11 -0700
Message-Id: <3.0.6.32.19990802220702.00be4320@xxxxxxxxxxxxxxxxxx>
X-Sender: robert.cummings@xxxxxxxxxxxxxxxxxx
X-Mailer: QUALCOMM Windows Eudora Light Version 3.0.6 (32)
Date: Mon, 02 Aug 1999 22:07:02 -0500
To: romeroj@xxxxxxx
From: Robert W Cummings <robert.cummings@xxxxxxxxxxxxxxxx>
Subject: Re: Special Upgrade Price
Cc: "CodeList, -" <code-list@xxxxxxxxxxxxx>,
        "OmegaList, -" <omega-list@xxxxxxxxxx>,
        "RealTraders List, -" <realtraders@xxxxxxxxxxxx>,
        TraderWare <traderware-list@xxxxxxxxxxxxxx>
In-Reply-To: <37A61170.C029230F@xxxxxxx>
Mime-Version: 1.0
Content-Type: text/plain; charset="us-ascii"
Resent-Message-ID: <"WL7oi.0.WM2.Vpbft"@mx1>
Resent-From: omega-list@xxxxxxxxxx
X-Mailing-List: <omega-list@xxxxxxxxxx> archive/latest/40265
X-Loop: omega-list@xxxxxxxxxx
Precedence: list
Resent-Sender: omega-list-request@xxxxxxxxxx
Status:   



Thanks nice to know that my first response was correct when I tossed mine
in the garbage. I never opened it much less called. Have only to 8/16 to
decide what a crock. 

Robert




At 05:45 PM 8/2/1999 -0400, John O. Romero wrote:
>To All,
>This is not to disparage against Omega, just to recount my personal
>experience and dissatisfaction.
>
>I need to vent, so that is why I am posting this to many lists.  I have
>been with Omega since '92 Ver 3.0 days.  I received a huge envelope with
>my special offer to upgrade.  I called sales and they want me to pay
>over $1,000 for my upgrade and I only have until 8/16 to decide.  The
>sales rep said I was saving $800 from the retail price.  I said I just
>want to upgrade to TS 200 not the proSuite. He said, I know that is the
>price I am quoting you.  I asked why the price went up from the $500
>that was offered when it first came out.  He said he did not know why
>the increase, but he presumed the upgrade price will go up again.
>
>All I can say, is Omega more than likely will not get any more of my
>money, especially since there are more competitors on the market and
>still more coming on the market.   I guess it is time for some serious
>investigation into other products. TraderWare, TradeLab, and Ensign.
>
>John
>
>