Tuesday, August 14, 2007

Commodity Market Update

LUMBER - Outside day today fortells of higher prices. Long from 2.74.


SUGAR - Very quiet day today. Long from 9.45


COTTON - Has risk all the way to 59 before a final rally begins. Aggressive Long from 61.21.
Main position will be taken upon the end of the final push up in prices.


CORN - Stay Short


SOYBEANS - Look like they could really fall out of bed here. Great short candadite.

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