Today's Market View Corn Futures Expected to Open 1 to 2 Higher as of 7:15 a.m. CDT
21 minutes ago
Corn: The continued collapse in the DJIA pressured corn contracts Monday to sharp losses as the investment side of the market looked to limit risk exposure.
Soybeans: Spillover pressure from the U.S. debt downgrade took November soybeans below initial support and sets up a possible long-term downtrend.
Wheat: The long-term downtrend in Chicago wheat continues to strengthen as noncommercial traders add to their net-short futures position.
Live Cattle: Deferred cattle contracts posted triple-digit losses on growing concerns about the health of the U.S. economy.
Cotton: Selling from both sides of the market sparked another sharp retreat in cotton contracts Monday as the downtrend remains firmly in place.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Since 1996 by request from many traders new and old hands at trading I was ask to post my calls at that time on AOL Commodity forum board. I did and it soon turned into my E mail service called Market Pick, posting my calls in advance of the markets and offering in my trading course.
Simplicity is the most powerful approach to trading you can have. Send me a E mail for information on my trading course called "The Art Of Trading"
Just one example what is taught in the course.
30 year T-Bond option strategy (based on 5 options per trade) for 9 Months Trading 2007 / 2008
June T-Bond Option Strategy P/L...+ $ 9,603.
July T-Bond Option Strategy P/L..+ $ 8,047.
Aug. T-Bond Option Strategy P/L..- ($390.)
Sept. T-bond Option Strategy P/L..+ $ 13,378.
Oct. T-Bond Option Strategy P/L.- ($ 1,504.)
Nov. T-Bond Option Strategy P/L.+ $ 17,870.
Dec. T-Bond Option Strategy P/L.+ $ 8,999.
Jan. T-Bonds Option strategy P/L.+ $ 5,308.
Feb T-Bonds Option Strategy P/L.+ $ 6,716.
P/L for 9 months...+ $ 68,027.
This is probably one of the easiest option strategies one can do with options almost daily. Easy to put on and exit. Very easy to learn and simple to do. It works because of momentum building on momentum. E mail me for information concerning the T-Bond option strategy.
To review comments about my trading course and Market Picks click on link below. Send E mail request (please fill in subject box saying, send Trading Course Information) Market Picks are no longer available because of health issues.
USCoralSea
http://www.wfaa.us/coral
