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$8 Bean market ~
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iseedit
Posted 12/27/2006 20:19 (#79399)
Subject: $8 Bean market ~



central - east central Minnesota -
Broker called today wondering if I had any wishes to speculate on beans to hit $8 bucks (possable March contract), by playing with call options. Seems that his contact at the exchange (who happened to call the corn market right) is thinking the beans are going to do something (of course they are - up or down and who knows when) sometime after the new year (fund driven). Does my broker need some after X-mas cash or is he onto something?  Anyone with a opinion?
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