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Dear Howard:
I never traded any corn or meal. But from the books I know that you should
short the next month available. Yes, you will have the loss, but the loss
is limited and would not grow. Options are probably useless in that
situation. I hope that experience people will offer you better advise.
I pray you will come out of this situation OK.
Yours, Alex.
At 10:59 AM 8/12/99 -0400, Howard Hopkins wrote:
>RT'ers,
>
>I'm long corn and meal with the limit gap below my stop. My first time in a
>limit position. Any suggestions?
>
>Thanks,
>Howard
>
>
>_______________________________________________________________
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