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Ira,
You may remember that I was interested in the long term bullish prospects
for Soybeans earlier this year? I have been watching a two year base
building process in Soybeans. If we consider a possible Saturn 29 year cycle
and consider that about 29 years ago we had a major stock market top, an
energy crisis, and then a major bull market in Beans to an all time high of
$12.90, the picture gets very interesting.
One may also want to consider adjusting the $12.90 high for 28 years of
inflation so that the recent $4.20 low equals about $1.05 in 1973 dollars.
That means that adjusted for inflation, Soybeans have dropped to less 10% of
their 1973 high. Please also consider that despite the larger low inflation
picture, each year during the past several years, there has been one or two
commodities that have rocketed to record or near record high prices. I
think the time for Beans either has arrived or it is just around the corner.
Forget high tech stocks. It's time to buy Beans for the kid's college fund.
<G>
Cheers,
Norman
----- Original Message -----
From: "Ira Tunik" <irat@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, July 16, 2001 2:13 PM
Subject: Re: [RT] Time Leverage Capital
> At last, someone acknowledges that the bean complex is rallying. and that
one
> can make money is something other then the E-Mini. This complex has
shown
> enough volatility to provide a good living for someone who can trade
multiple
> contracts. The whole world doesn't revolve around the S&P and E-Mini as
many
> new traders seem to believe. There has been a $5000 move in beans since
April.
> For the same margin as one E-mini contract you could do 5 bean contracts
for
> about a $25,000 profit if your system had signaled the trade. The meal
did just
> about as well. Both have sufficient liquidity to trade. One must be
vigilant
> and pay attention or else it will be someone else making the good living.
Have
> a good week. Ira.
>
> Norman Winski wrote:
>
> > ----- Original Message -----
> > From: "jdo1" <jdo1@xxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Monday, July 16, 2001 10:16 AM
> > Subject: [RT] Time Leverage Capital
> >
> > > I received a phone call from TLC (Time Leveraged Capital) out of
> > > Florida. They were pressing the advantages of spreads, stating that
their
> > > current favorite is wheat and the accompanying spread. They charge $55
> > round
> > > turn for options.
> > > Anyone on this forum have any experience with these people?
> > >
> > > Many thanks,
> > >
> > > John O.
> >
> >
>
>
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