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Re: Looking For Other Cocoa Traders!



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Tony,
 Everyone's skeptical of what appears to be hype.  Maybe one post  with four
subjects: cocoa, oj, sugar and soy meal might have done the trick.
Russ
-----Original Message-----
From: Tony Parker <tgparker@xxxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, December 01, 1998 4:18 PM
Subject: Re: Looking For Other Cocoa Traders!


>Timothy:
>
>Thank you so much for the information. Straight and Simple.
>
>I wish some of the other folk on this list could answer questions as simply
and
>directly as you have.
>
>Why is it soooo hard to get folk on this list to actually answer the
questions that
>they were asked in the first place.
>
>It seems that a toxic mix or false pride, ignorance, the absence of truth,
or lack any
>real experience breeds an over-abundance of hyperbole, exageration,
misdirection, and
>of course. last but not least - character assassination on this mailing
list.
>
>Thanks again, for "The answer to my question" , a rare occurance on this
mailing list.
>
>Tony
>
>Timothy Morge wrote:
>
>> Tony:
>>
>> I trade the NY soft markets regularly. I am particularly
>> fond trading cocoa, although I do trade sugar frequently and
>> OJ at times. At one point, I was managing money for in a
>> rather large offshore commodity pool and their fundamental
>> research budget was several million dollars a year. They
>> maintained their own field researchers and weather
>> professionals--you got twice daily reports on all their
>> findings, frequent conference calls from all the growing
>> areas [from the cocoa pod counters, for example] and more
>> research than I could ever digest. They even had weather
>> crews in all the major growing states in the US that called
>> each of us 'live' as weather made major shifts during
>> growing seasons. Personally, I initially was very impressed
>> with the research, but as time went on, I found that
>> although we had our own resources and also had as much
>> availability to other's research as we wanted--all of our
>> brokers were eager to show us the mounds and mounds of
>> research they had available--it didn't seem to make much
>> difference to my trading.
>>
>
>SNIP
>
>