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In a message dated 02/19/2000 7:01:31 AM Pacific Standard Time,
hehohop@xxxxxxxxxxx writes:
> I went long May Beans (522)and (Meal 170.50) on Friday's breakouts. I have
> very close stops.
>
> What's the consensus out there on these markets? Who's long or short?
How
> many bulls/bears?
I'm also long May Beans from 5.18 from the grains site based on William
Granmill's trading recommendations:
http://www.grainsnewsletter.com/trades.html
(No relationship, just watch them a lot.)
However, I'm fairly cautious, based on the ProFarmer people who feel there is
both upside and downside potential in soybeans right now. This fits with my
trading style, which buys going down and sells going up, something I've
noticed Norm Winski and Earl also tend to do, although they don't always call
it scaletrading. Of course Norm can't call it anything right now, since he
wants to avoid commercials. But I'll bet he is still making money.
Larry
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