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SE Iowa | update on these rascals.. bounced off 80.70 sup..nicely A guy could try a long (call preferred to protect hedges made last week or future hedges...catchup hedges could be made 83.60.. 77.20 will be hit (eventually) filling the gap left open just dont know the bounce we will get first..ideally 87-88 area but thats prolly too rich.... fyi any spec longs are at risk for a gap down leaving island...just have to watch the tape..
Index 94.11 and projected another 60 lower so its still too wide yet.. when feb should be trading a 3-4 premium this time of yr....getting to a time of yr numbers should be increasing with labor shortages it could start to back em up....need to see china in exports..more than past weeks GL | |
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