Way Of The Turtle- An Essential Read

Discussion in 'Educational Resources' started by Pa(b)st Prime, Jun 15, 2007.

  1. dont

    dont

    #11     Jun 21, 2007

  2. hypothetical or actual results??

    thanks,
    surf
     
    #12     Jun 21, 2007
  3.  
    #13     Jun 21, 2007
  4. Spectre...what do you mean by wheat behaving as it has in the past?
     
    #14     Jun 21, 2007
  5. 5.70 will do me right. Just as long as Corn doesn't go to 3.40. :)
     
    #15     Jun 21, 2007
  6. there is a inherent personality to each derivative in terms of price action. The macro and micro price structure/(fractal) pattern.

    This price action implies a unified force, with trend and countertrend moves that hold within certain ranges or volatility.
     
    #16     Jun 21, 2007
  7. I agree. Totally. Wheat made similar moves in 2002, 2006 and now. It faded each time.

    I'm also cognizant that if too many participants are short in anticipation of this pattern repeating, I'm toast. Much of my hypothesis deals with commodity prices breaking out to unfathomable heights ala' your copper trade. Or like the 1970's.
    Imploding assets coupled with $100 oil and $7 Corn, ect.

    Hence I'm VERY nervous about counter trend shorts in Grains. This is perhaps the first time in my life that I've traded grains from the short side. The irony of perma bull Pabst getting hammered on the short Wheat portion of a C/W spread is on my mind.
     
    #17     Jun 21, 2007
  8.  
    #18     Jun 21, 2007
  9. Ya I bet he was <b>Long</b> Lindsay
     
    #19     Jun 22, 2007
  10. empee

    empee

    i read that he blew up and lost his money. is this true, and if so what happened?

    Inflector?
     
    #20     Jun 22, 2007