Thursday 28 February 2013
Exited half-posiiton in May Corn at 695 for a scratch trade.
There was another relatively stong volume day on Wednesday
without an upside response. At the same time, there has been
no give-back since the Tuesday rally. The additional market
information from Wednesday cast the position in a different
light, one that can go either way, and one that did not rally,
despite the increased effort. Not strong odds.
27 Feb – Buy 695
28 Feb – Sell 695
Loss = $15 commission