A few ideas and a SPECIAL OFFER
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.In my weekly recommendations issued on Sunday night last I suggested a sale of March Soybeans at 5.18, which would have been filled had the recommendation been followed. I still like being short Soybeans, and even suggest one might want to add to the short position or initiate an initial position if Soybeans rally back to 5.13.
I would consider a stop loss on Thursday 2/3/05 close above 5.47. My initial target for Soybeans is in the 4.85 area, more aggressive traders may want to consider 4.75.
SPECIAL OFFER: THE FIRST 5 INDIVIDUALS THAT REGISTER FOR THE FREE MARKET COMMENTARY WILL RECEIVE A FREE COPY OF THE EXTREMELY POPULAR BOOK "HOT COMMODITIES" BY JIM ROGERS.
posted by Lee Gaus @ 1:49 PM
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