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Prof you are right as usual my friend. Hope all is well, I haven't been trading very much lately and it feels great to get a break and enjoy life a little! smell the roses ha ha. Happy trading!

that was a spread that my family has traded for probably 30 yrs man and it got so fucked up last year, it was a rough summer to say the least. good luck though, i just dont feel comfortable going in at this point right now

housing hasn't bottomed imo, I sell real estate. There are buyers but many are sitting on the fence while this incredible inventory of homes builds up. There is a lot on the market, but alot of it is total junk. It just weighs everything down, just a normal market cycle. It's pretty fucked up...

i know some big dairy farmers that were heavily involved in the spread and they loswt around 600 k finally before they had to get out. it was a rough year for the wheat corn lol

be very careful with that nasty spread, cost me and my business partners about 300 k total last year man. I think you'll be okay it just gives me fucking nightmares thinking about it

I know the feeling on revenge trades man, I really enjoy your journal though, Keep up the good work Happy trading

i think the gap will be filled, anyone else?

yeah tight stops are a must man, especially in this day and age. wild wild fucking markets, I got my clock cleaned shorting the shit out of coffee when it ran up to 155.00. I think we pop from here though, good oj play and gc is going up up up

coffee getting very oversold but lack of any good news the grind continues lower. huge support at 135 i

???? I guess pull up two long term charts. Brasil makes all their ethanol from sugarcane, it's a viable alternative at least to corn based ethanol. The relationship has certainly grown stronger. But in the late 1970's when the gas crisis happened sugar spiked to 50-60 cents

coffee grinds down, rumor of rate hike large crop and zero bullish news will keep it where its at for now. still short my calls flat in the futures arena now. re entered some length in my copper spreads they look good, eurodollar spreadsare working against me and just waiting to get out of...

it will follow oil

there are such low stocks right now that Wheat is severely prone to an upside push. The commercials will be aggressively buying all year IMO. I know that the crop is bumper and all is looking good but we are still so low on stocks. I get nervous bout taking outrights so thats why I will just...

Yes there is a bumper crop, a buddy of mine that grows protein wheat down in Sterling said it's looking good. they got an inch and a half of rain today. with that said we are still at EXTREMELY low stocks and the rebuilding process will be multi year, Id get long some bull spreads vs...

coffe isnt near a twenty year low shaqg?

corn is fine to trade as is wheat and beans, although very scary markets imo. Traded them for a long time. Stay out of bellies, oats, lumber, oj etc etc. Unless you really know what it going on. I started trading euro dollars and I really like them. One of my fave markets is coffee...

im short sugar calls, sugar held 140-141 well. My hats off to the buyers for sticking that level. IT might be ready for anothjer leg up, but I agree with my good friend YT. 175 is probably a little far out of reach, there is so much coffee in Brasil. OJ I am flat wish I was loing from...

Totally kidding by the way

corn is much more liquid, wheat was the best to trade out of all three imo but not anymore. for pure liquidity and ease of getting in and out you might want to try Pork Bellies, Oats, Orange Juice and Lumber. Lots of volume all day long so market orders are fine. Especially in the far out...

I don't do it like I used to, I try and pick my spots better now. I had a really bad time with it once and I get a little gun shy now. What are you looking at?