markets 12/21
I'm looking for an opportunity in soy oil. The corn market is poised for a downside correction. Long-term friendly beans with a slant for buying nov-07 if corn has a retracement beyond 350 basis mar-07.
Gold has been weak but there may very well be good support just above 600 on the nearby, which makes for a reasonable buying opportunity targetting 660ish.
Sugar strength may be short-lived above 12c.
posted by jared @ 4:37 AM
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