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Buxton ND | Tanks here's the letter"M" being May M is a trading month NOT million. He did not email me the ticket yet.
MWEN is July, they must have traded "M"= May back in the day.
For me this is a piece of history dating back pushing 100 years. Brad "Lucky" of RML Trading found it cleaning out a old one room school house with some buddies. My brokers named "Lucky" how can one go wrong Ha Ha ! ! ! He EVEN will work with the "Canadian" guys.
Now do you really think I'm going to pull something like this out of thin air ? ? ?
Its a priceless piece of history showing 2 subjects,
#1 the boom/bust cycle of Ag dating back to pre 1929 crash.
#2 A producer going LONG, speculating on "M" MPL wheat.
I will be using this in my PPpoint
If you read this letter careful* you see a farmer is bullish* gives the reason WHY*
Same old, same old, bulled up and going long, like Texas Hedge LONG* sure hope he did not roll that baby into fall as MPL spent months UNDER .50 post "The Great Crash of 1929" I read this book BTW, I'm NOT reader unless its farming/markets/hunting or fishing. Most interesting reading I've done 2X times.
Attachments
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 Margin1929.pdf (744KB - 176 downloads)
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Mr & Mr & Mr Crank
