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Re: [RT] Fw: Nov. Beans



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Yep thanks . . .

----- Original Message -----
From: "Norman Winski" <nwinski@xxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, May 31, 2001 7:15 PM
Subject: Re: [RT] Fw: Nov. Beans


>
> ----- Original Message -----
> From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
> To: "Real Traders" <realtraders@xxxxxxxxxxxxxxx>
> Sent: Thursday, May 31, 2001 7:50 PM
> Subject: [RT] Fw: Nov. Beans
>
>
> > Norm,
> > FWIW the following is something I sent to a friend this past weekend on
> > beans (if he wants to share his reply, it is up to him though). It was
for
> > the "new crop" Nov. beans but the charts are very similiar as far as the
> > point being made, or better said suggested.
> >
> > Also last year this trade did not work (Mercury retrograde stuff).  I
know
> I
> > took it long 4.80 area (on a what the heck trade) and it was only
briefly
> > profitable, then they headed south as I recall, can you confirm?
>
> NW: Do you have a date for your Merc. Retro 480 trade?
>
>  But I
> > think on that one you were looking for a rally though, which is
different
> > than your statement that "Mercury retro is normally a high" so maybe you
> can
> > clarify this a bit (call me cosmically confused here I guess)?
>
> NW: Anecdotally speaking, I would say that 70% of  Mercury Retro were
highs.
> The key thing to remember is that Mercury Retro works about 70-80% of the
> time for a change in trend. The best trade setup is where the market is
> overextended via a big move or the market being near long term highs or
> lows. If the market is in the middle and trading sideways, it may not
work.
> One should think of the planetary energies as the straw that breaks the
> camels back or the match that lights the
> keg of diynamite. The right conditions much be in place for it to work.
>
>  I hope that helped?
>
> Thanks for your input,
>
>  /\/
> \/\/.
>
>
> >
> > Anyway, AGET says for now 5 waves are in but I am not convinced (minor
> wave
> > 4 compared to the previous minor wave 2 looks unconvincing) leaving open
> the
> > possibility the recent rally was only "the real" minor wave 4 and the
> minor
> > wave 5 of Wave 5 is yet to come (down?).  See the chart, hopefully it is
> > selfexplanatory (no pun intended).
> >
> > Also there was ADM news out today on their new osteoporosis product tied
> to
> > soybeans which may have some influence on prices (but I believe the soy
> > connection is old news).
> > don ewers
> > ----- Original Message -----
> > From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
> > To: "Earl Adamy" <eadamy@xxxxxxxxxx>
> > Sent: Tuesday, May 29, 2001 7:04 AM
> > Subject: Nov. Beans
> >
> >
> > > FWIW this current move on "new crop" beans could be the real minor 4
of
> > wave
> > > 5 not the start of a turn (forming an ABC pattern, note the previous
> minor
> > 4
> > > when compared to the minor 2, it is unconvincing to my eye). We could
be
> > > seeing beans in the low 4's and possibly the a 3 digit?
> > > don
> > >
> >
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> >
> >
> >
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