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Earl,
I believe you were the one who posted 2-3 days ago that you expected several
thousand dollars in gains in the grain complexes, per contract, over the next
2-3 years. As one who finds it hard not to take a profit when it presents
itself, I'd be curious to know how you plan to play it. Are you making a
position move and just going long the dec 2001 corn market, for example, to
wait it out? Or do you plan to jump in and out of the market many times over
the next several months to years, based on technical considerations?
I'd appreciate any comments. Thanks,
Larry
In a message dated 01/13/2000 8:42:40 AM Pacific Standard Time,
eadamy@xxxxxxxxxx writes:
> For anyone who is working March Corn, it appears to be setting up a bull
> flag with a projection to 224 which has confluence with the 50%
> retracement from the Aug99 high. A break below 213-6 would likely void
> the setup.
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