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Howdy Larry,
Thanks for your kind
support below. In regard to OJ, given the very cheap prices, I have
been very
tempted to do some bottom picking over the past few
months. Fortunately, my use of Astrology dictated that I justify
such a trade with some OJ relevant Astro event, which has been totally
absent. The first interesting window I see
coming for OJ is when Mars (energy) enters Leo on June 23. Leo, which is
ruled by the Sun (OJ is the Sunshine drink according to Anita
Bryant) is the ruling sign for OJ.
If OJ is scraping the bottom into June
23, look for a low within 1-2 trading days. Mars will be in
Leo
for approx. 5 weeks, so if the OJ gets energized,
it has the potential to have a very good move, perhaps
10 - 20 cents. Based on past
experience with similarly depressed markets, you will know that
OJ is nearing a significant low when you see big discounted
sales at the retail level. So far, at least here
in Florida, OJ is as expensive as
ever, with Tropicana premium usually going for $2 - $2.50 per half
gallon. Ideal would be to see big OJ sales at grocery circa June 23
and OJ futures at record low prices but with early signs of building a
base. On the other hand, should OJ rally into June
23, that would constitute a bad set up for a buy and therefore I
would take a pass.
Regards,
<FONT face=Arial
size=2>Norman
Regards,
Norman
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=Scaletrade@xxxxxxx
href="">Scaletrade@xxxxxxx
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, May 25, 2004 3:57 PM
Subject: Re: [RT] NW 5/19 Update
<FONT lang=0
face="Franklin Gothic Book" size=2 FAMILY="SANSSERIF" PTSIZE="10">In a
message dated 5/19/04 12:02:16 AM Pacific Daylight Time, <A
href="">nwinski@xxxxxxxxxxxxx writes:
<BLOCKQUOTE
TYPE="CITE"><FONT lang=0 face=Arial
color=#000000 size=2 FAMILY="SANSSERIF" PTSIZE="10" BACK="#ffffff">Keep
an eye on Sugar and Coffee which have formed nice looking bottom bases and
are on the verge of breaking out to the upside. I think I
prevously posted that I bought July Silver at 559? I exited Tuesday's
close at 568 for a 9 cent profit.<FONT lang=0
face="Franklin Gothic Book" color=#000000
size=2 FAMILY="SANSSERIF" PTSIZE="10" BACK="#ffffff">Hi NormanI
love your posts. You are one of the few in the forum that has a nice
feel for actual commodities. Nice action in coffee the last couple of
days, in spite of a weak seasonal time period. (Because of the weak
seasonal, I'm keeping a tight stop.) And you were certainly right about
the direction of silver...just a little off on the speed and timing of the
bounce back up. Your post a couple of weeks ago encouraged me to get
long, and that trade is doing quite well, thank you. The
commodity I'm most interested in at the moment is orange juice, since I'm in
part a "bottom hunter"........Knowing you often have a good instinct for
"impending bull markets" in the physical commodities, and as you live in the
deep Southern part of Florida, I'm curious about your ideas for OJ. Any
comments?Larry
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