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Here we go New open May bean short
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AGtrader
Posted 2/20/2008 19:28 (#315002)
Subject: Here we go New open May bean short





@ 1429 looking for 1400 stops some time tomorrow. i wont stop out tonight.. i will keep these until the early am and see where i stand.. i think there will be some profit takers before the report.

wheat i'll stay away from... corn is an outright short from the chart divergences.. but beans are the better play imo.


i have a really really bad mkt feeling. usually when i get these.. its good for -300 YM/dow points.





2 previous bean shorts .. one stop out -6 1/2

2nd trade took partial profits @ +20 stopped out on rest -5 1/2(stupid on my part... usually when i get up +10 i always lower stops to breakeven at worst.


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