Technical Indicators

[Kodiak]

Is it just me, or are the two posts above just too obtuse for words?

[bluefargo]

You got that right!

[TOM4CWB]

Kodiak,

How is your hedge account... how much line of credit are you using to "risk manage" next years (08) crop?

Or if you don't... what contingency have you in place to cover a drought/crop failure... especially on CWB grains? Have you discussed a roll over to 09 if 08 goes snake because of weather problems... with elevator companies who hedge for you?

If the risk taken by hedges is grater than the risk mitigated in the first place... obviously it is a questionable strategy!

Ignoance is bliss...

I would appreciate it if someone could tell me where the $60/t on the CWB basis went in Sept/Oct07!

How much did the CWB loose on the hedges/derivatives traded... that were not properly done... causing our basis to pay back the difference?

So now the pool can go through the roof... cause all us suckers sucked up the problem!

SOmething is rotten in...

[Zaphod]

Charlie had the right approach. Use technicals but keep your stops up to date to minimize the hurt if the market goes against you.

On the March oats, it looks like it's time to buy now that the move above $3 has been confirmed. I'm not in the oats market but I would move the sell-stop somewhere around 2.97-2.99. Just my thoughts.