| IN555 - 8/6/2018 12:14
Actually I didn't sell to "early". I sold a point in time I had predetermined I wanted to reduce my risk. Did I miss out on some upside in the market? Sure, but neither you or I could predict the drought in Argentina and I personally will not Monday morning quarterback claiming I could. Did I lift to "early". No I lifted a predetermined point in time that I felt my price risk was manageable and production risk was high. The Fat lady hasn't decided my outcome yet on those sales. Besides you are likely forgetting the hedge profits from 2019 sales, add them in and 2018 could turn out to be a very good year. Hopefully you are in a similar position, as I know many others on here haven't been as fortunate production wise this year.
Hi 555,
Great. Glad to hear that. I wish you no ill will. I want the best for you and everyone else. 2019 sales are 2019 sales. Not to be combined in my world, but my world isn't yours obviously.
Been wonderful...I should see what else I need to do today.
Take Care |
Back to the basics: Market Structure
