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Nice close in the beans
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LongKC
Posted 4/30/2015 14:07 (#4545523 - in reply to #4545516)
Subject: RE: Nice close in the beans


Middle Tennessee
I know GOMSK, who knows day-to-day...The break was interesting though, that's a big outside bar. The 9- and 20-day moving averages on July were $9.73 and $9.76...$9.73 looked like support on the hourly chart and it held okay...I'm sure there was some rumor about the Skippers' strike in South America that led to the break...I put on a itty bitty mini short, but I'm thinking support's gonna hold, maybe even see a buyers' rush overnight? I can get out quick now that my transaction costs are more in line, was wondering what you guys thought of the trade today.
(BTW, I interpret David's above comment as suggesting a breakdown from the range, maybe that's now what he meant).

Edited by LongKC 4/30/2015 14:09
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