50% long DBA position @ 26.50 today. Will add more if it pulls back from here. Should get a rally to at least test the highs in the next few weeks.
cheers,
john
Soft Commodities
Started by
SilentOne
, May 25 2007 08:44 AM
23 replies to this topic
#21
Posted 13 August 2007 - 09:46 AM
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#22
Posted 15 August 2007 - 08:42 AM
Not sure of the entry again. I'm flat.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#23
Posted 16 August 2007 - 01:04 PM
Added back some at $25 even. I can't understand why this got dumped like it did, but then it has been that kind of day.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#24
Posted 16 August 2007 - 02:31 PM
John, scary plunge toward the 24.50 area support, a falling tide making most boats go down. It could go lower, naturally, but methinks there is value at your buy of 25.
Good luck,
Doug