Take physic, pomp

Chart of the day is…….

….sugar, March09 contract.

Updating the series, as your humble correspondent still has that half position in CZZ. Cosan has faded from the $3.70-what-seems-like-a-kind-of-equilibrium point and closed $3.43 during the general broad market malaise yesterday. No sweating here, as the position was taken at $2.84 back in December. The pressure is off if you buy right, y’see.

Anyway enough of my horntootin’, the chart still has sugar on the uptrend and so nothing much to fret…would like to see $13.50 in the next week or so, though. Vamos a verrrrrrrrr……..

Leave a Reply

Your email address will not be published. Required fields are marked *

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.