Support and Resistance Trading Forum

Re: Jeff - Canola!
By:Joe
Date: 2/16/2006, 9:28 pm
In Response To: Re: Jeff - Canola! *PIC* (Dino Dave)

Dave and Jeff -

I not only like the potential breakout shaping up on the daily charts, I especially like the looks of the monthly. Canola has not been this low in price since 1987!!! Of course, competition from other oils has kept it in check, and that could continue for some time with the huge Soy supply on the world scene. But nevertheless, sitting at 19-year historic lows, it would appear to have a lot of room to the upside. I'm keeping a close eye on it. What do we start with, 2 to 4 contracts???

Regards,

Joe

Responses To This Message

Re: Jeff - Canola!
Joe -- 2/16/2006, 9:48 pm
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