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Re: [RT] Sugar is Sweet...not today



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<BLOCKQUOTE 
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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 
  ,
<BLOCKQUOTE 
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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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