Thursday, December 6, 2007

COFFEE - On The Verge Of Collapse

The next leg down in Coffee could be a big one!

Confirmation came today that coffee has officially started its next leg lower.

We have a position that was put on as a scalp and actually almost got stopped out, however
we remain short coffee.

I have adjusted the trade from a scalper trade to a short term trade and look to probably be out of the trade by year end.

Downside Targets Are As Follows:


The bold faced targets are those with the highest probability.

No comments:

Trend Analysis LLC Headline Animator