Sugar-Long?

Quote from nazzdack:

The lower it goes, the more bullish it becomes!
More...

OK all you jim rogers' following crowd:

sugar, cotton, etc... all dead money for now.

There's as much money (if not more) to be lost than made on sugar or anything else levered to the Jim Rogers book.

just because its cheap doesn't mean its good.


No matter how much you like your tea and coffee sweat, it won't be enough to overcome the forces of your short selling local.


If you want something levered to oil and soy, buy oil and soy. This won't do it.
 
Dunno what this means, but the ENTIRE SB market (ALL contracts) crossed over from backwardation on Oct. 31 and are now deeply into contango, and continue to expand this contango.

Opposing signals here!

1. Bear spreads are all working, signalling that price should drop.

2. Market moving from backwardation to contango signals prices should rise.

Suggestion:

Follow Scriabinop's advice :D

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Mike Collier
Oak Harbor, WA
 
Sugar up 17 this morning. It has been quite a while since we have had a move that big. Any thoughts? I have been long this thing since 980.
 
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