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Originally Posted by minoru_tanaka
Been killing it on the corn? I expect it to tank eventually (demand destruction) but I guess the price hasn't gone high enough yet. Sugar and coffee look like good long term buys now. Kinda dont like trading them because of ICE tho
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nah, i got out of corn halfway up. i know retarded. i couldnt pull the trigger and enter at a worse price even though i knew it would go higher. so now im waiting for the short selling. i agree it will come. just gotta be ready when it does.
what's wrong with ICE? (other than their trading hours LOL!)
I'd say look at cocoa. it broke up this week on the daily.
cotton looks like its gonna break up again on the daily.
ive been watching coffee and sugar closely too, but i don't feel they're going to go up (nothing really confirmed yet), but i can see where you're coming from. but i can also see them going a lot lower first. sugar seasonal charts say october low. and.. the looks of it, if it breaks the support its gonna keep going down.
coffee... i just gotta watch a little longer for more confirmations.
Quote:
Originally Posted by minoru_tanaka
Try a mini silver, 1/5 the size and margin?
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that's no fun LOL!
yeah i guess i could. i don't really have an excuse.