Corn

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

 

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