UPDATE FOR TUESDAY
YOU MUST ALWAYS BE AWARE THAT THERE IS SIGNIFICANT RISK INVOLVED IN TRADING FUTURES AND/OR OPTIONS ON FUTURES AND ARE NOT SUITABLE FOR ALL INVESTORS.Hi Folks,
Of yesterday's short term recommendations you would have been filled selling March Soybeans around 5.36. If you were filled, consider using the stop issued on Sunday night. As for a target remember, these are short term recommendations and you will want to use some judgment on your own. As far as a possible target you may want to watch the possible 5.18 level.
Also you would have sold Feb Gold at around 434, consider a target around 426. As for a target remember, these are short term recommendations and you will want to use some judgment on your own.
Short term recommendations for Tuesday:
Sell Feb Cattle at 8800 stop, consider a stop loss at 9200.
If you are interested in receiving my booklets "Doing It My Way", or "Lessons Learned".
Do not hesitate to post your comments or questions.
Lee Gaus
YOU MUST ALWAYS BE AWARE THAT THERE IS SIGNIFICANT RISK INVOLVED IN TRADING FUTURES AND/OR OPTIONS ON FUTURES AND ARE NOT SUITABLE FOR ALL INVESTORS.
posted by Lee Gaus @ 4:13 PM
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