COFFEE
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Given the "Double Gap" formed (see chart below), short term play in this market appears to have heavy potential. March OPTIONS expire in TWO WEEKS offering IDEAL risk/return ratio since near-the-money strikes have little time value. Utilizing a mixed short and long term ( scroll to 25 year historical) strategy a relatively small investment could result in profits of SEVERAL HUNDRED PERCENT.
This market is NOT FOR EVERYBODY but with PROFESSIONAL ADVICE you may discover that IT IS FOR YOU!
WHAT ABOUT THE LONGER TERM PROSPECTS FOR COFFEE??? click
The Following is a Historical re-cap of 4 of the HOTTEST days in COFFEE trading
July coffee futures skyrocketed to close near its new life-of-contract
high of $2.7500.
May 28, 1997
Coffee futures exploded today reaching a new 20-year high today
of $2.9700; the July contract reached the high on heavy buying
from everywhere: commission houses, specs, funds and locals, brokers
said. Panic buying was seen in the last minutes of trade, they added.
Coffee futures settled sharply higher again in an explosive session,
after heavy buying from commission firms and funds catapulted the
July contract to $3.18 a pound, a new 20-year peak, traders said.
Futures plunged today, with the July delivery losing 3840 points
"Everybody expected the usual profit taking for the week
but no one expected the sell-off which at some point,
reached a loss of 4,180 points in this wild, wild session"
DISCLAIMER: This is not a solicitation to buy or sell commodity futures or any other investment
vehicle.Trading is very risky and only risk capital should be employed when trading futures and/or
options.Anyone considering investing in these markets should understand all the risks associated with
them by reading the account disclosure Document