Orange Juice Future

Discussion in 'Commodity Futures' started by Hook N. Sinker, Oct 10, 2009.

  1. http://online.wsj.com/article/SB125512706023476915.html

    "Frozen, concentrated orange-juice price on ICE Futures U.S. rose 10% after a government report showed a smaller-than-expected Florida orange crop.

    Nearby November orange juice rose the exchange-imposed daily price limit of 10 cents to $1.0865 a pound, a seven-week high."

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2601194 \img>
     
  2. I shorted a bit to play an exhaustion bar I liked 106.25, I immediately didn't like the action and covered for a tiny loss. Went limit up withing the half hour, phewwwww!