Red-Hot Resources

"Luck is not chance, it’s toil; fortune’s expensive smile is earned.”

Wednesday, October 18, 2006

Sugar Chart

Finally, Blogger lets me load the sugar chart! Anyway, you can see why someone who was betting heavily that this downtrend would continue might be panicking a little.


Ah, who knows, maybe the sugar bears CAN talk down the market. The market is mostly psychology anyway. But here's my nickel's worth of psychological advice: Always use protective stops on futures. The alternative is being skinned alive.

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