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Anyone trade sugar?
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buford
Posted 7/20/2017 17:40 (#6138623 - in reply to #6138537)
Subject: RE: Anyone trade sugar?


It was always considered to be one of the markets that once it started a trend it would stick with it for a while. If i remember correctly it is $11 a point.....(a move from 11 to 12 for example was around $1100). Old seasonal trade was buy in the summer and sell around Thanksgiving. But like a lot of the old standby seasonals that might have changed since we are now in a world market. If I remember correctly it went from about a dime to 66 cents in just a few months in 1973....multi year bear market after that.
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