Thursday, June 19, 2008

Wheat Stop Update

Tighten up your stop loss on Wheat to a 20% profit level above your purchase price.
This will replace the breakeven stop on the second half of the position.

The breakeven point is simply to far away to justify a stop placement, so lets lock in at least a 20% profit on the remaining half of the position.

Wheat has reached a pinnacle where it is most likely going to move in one direction or the other in a sharp quick manner so stay alert.


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