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For what it is worth, the SwingMachine prediction attached
shows a bullish and a bearish scenario.
Bullish is down slightly for a couple of weeks.
Bearish is down pretty hard for about 6 weeks.
This is based on using a decimation factor of 11 -- essentially
11 day bars to pick peaks.
Clyde Lee
walt@xxxxxxxxx wrote:
>
> Has anyone noticed the price contraction in soybeans?
>
> With this type of contraction, beans won't remain at
> these prices for long. I'll be initiating long option
> straddles to take advantage of the situation.
>
> Anyone have any directional prognostications here?
>
> Walt
>
> ----------------------------------------------------------------------
> [Image]
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Clyde Lee Chairman/CEO (Home of SwingMachine)
SYTECH Corporation email: <clydelee@xxxxxxx>
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Attachment Converted: "c:\eudora\attach\s_da_082799_dos_11dec.gif"
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