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Yes, I'm still in OJ...I was down to 4 contracts with a sale on the open yesterday, then look out below. I bought back 3 contracts yesterday, each 2 cents lower (although I had 3 cents positive slippage on one of my limit orders!) and then 2 more contracts today, so I'm back to nine. That's what scaletraders do...although of course I wish I had just sold everything. Maybe we will get some volatility now??? It would be nice to get some oscillation profits.
Larry
In a message dated 7/27/2004 3:26:43 PM Eastern Daylight Time, "Norman Winski" <nwinski@xxxxxxxxxxxxx> writes:
>Hey Bondo,
>
> Check out Helio Mars.
>
>Regards,
>
>Norman
> ----- Original Message -----
> From: bondo92677
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Tuesday, July 27, 2004 2:39 PM
> Subject: [RT] Re: Orange Juice
>
>
> Anyone still in Orange Juice? Wow!
>
>
>
> --- In realtraders@xxxxxxxxxxxxxxx, Scaletrade@xxxx wrote:
> > Believe me, I've been watching OJ...I've been long 9 contracts for
> months.
> > This has really been a nice bounce. Norman's post a month ago
> helped me have
> > the courage to stay long. But since the move really started June
> 15, I don't
> > know if Norman is going to be willing to take credit. On the
> 23rd, OJ was 4
> > cents off the bottom and already above its 50 day moving average.
> It has,
> > however, continued to explode upward nicely. Norman, are the
> planets that
> > forgiving (9-10 days off) or do you just get credit for excellent
> technical analysis?
> > Either way, you were obviously right to have stayed out of OJ for
> months and
> > months preceeding this move, and incredibly close to calling a
> nice change
> > upward. I'm just hoping right now that it's going to be closer to
> the 20 cent
> > end of your prediction than the 10 cent end!
> >
> > Larry
> >
> > In a message dated 5/25/04 2:05:58 PM Pacific Daylight Time,
> > nwinski@xxxx writes:
> >
> > > If OJ is scraping the bottom into June 23, look for a low within
> 1-2
> > > trading days. Mars will be in Leo
> > > for approx. 5 weeks, so if the OJ gets energized, it has the
> potential to
> > > have a very good move, perhaps
> > > 10 - 20 cents
> > >
>
>
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