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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=Scaletrade@xxxxxxx
href="mailto:Scaletrade@xxxxxxx">Scaletrade@xxxxxxx
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Monday, August 19, 2002 3:26
PM
Subject: Re: [RT] Sugar is Sweet...not
today
<FONT lang=0 face="Century Schoolbook" size=3
FAMILY="SERIF">Norman,I must preface this question by mentioning that
I have great admiration for you as a trader...so I am curious as to whether
you bought Oct sugar on the breakout above 630 last week, like you
mentioned...or were you waiting for a close about that level. It's not
looking so good today...in fact, it looks the way things usually do when I try
to buy on a breakout! Just wondering,Larry
,
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If you read my posts, I
warned against buying on the break out. No, I didn't buy. However, if you
don't own any sugar and are sufficiently capitalized, I don't think you can go
to far werong by buying a small position near 5 cents.
Cheers,Norman
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