Sugar-Long?

Discussion in 'Commodity Futures' started by alientrader, Nov 9, 2007.

  1. SB chart (MAR)
     
    • sb.jpg
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    #21     Nov 20, 2007
  2. OK all you jim rogers' following crowd:

    sugar, cotton, etc... all dead money for now.

    There's as much money (if not more) to be lost than made on sugar or anything else levered to the Jim Rogers book.

    just because its cheap doesn't mean its good.


    No matter how much you like your tea and coffee sweat, it won't be enough to overcome the forces of your short selling local.


    If you want something levered to oil and soy, buy oil and soy. This won't do it.
     
    #22     Nov 20, 2007
  3. maolman

    maolman

    Dunno what this means, but the ENTIRE SB market (ALL contracts) crossed over from backwardation on Oct. 31 and are now deeply into contango, and continue to expand this contango.

    Opposing signals here!

    1. Bear spreads are all working, signalling that price should drop.

    2. Market moving from backwardation to contango signals prices should rise.

    Suggestion:

    Follow Scriabinop's advice :D

    ---

    Mike Collier
    Oak Harbor, WA
     
    #23     Nov 21, 2007
  4. Uh oh!

    http://news.ino.com/headlines/?newsid=20071122004608

    I'm getting contrary data folks.
    Some news articles say
    EU is the second largest sugar exporter.
    some say
    Thailand is the second largest sugar exporter
    some say
    Austalia is the second largest sugar exporter

    Isn't there a table somwhere I can refer to?


    Anyone care to clarify?
     
    #24     Nov 22, 2007
  5. Sugar up 17 this morning. It has been quite a while since we have had a move that big. Any thoughts? I have been long this thing since 980.
     
    #28     Nov 28, 2007
  6. Hah!
    I got you beat!
    I've been long since earlier this year (10.29!!!!)
    yes, OUCH!!!! I'm hurtin!

    B
     
    #29     Nov 28, 2007