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Thursday, June 25, 2009

Out of the Cattle, Into the Bean Oil ...

Is it just me, or are the markets just ... blah ... from a trading aspect. Regardless, in my personal accounts, I'm long the Bean (Soybeans are called the 'beans' to commodity traders) complex from now until about July 15th.

I was out of that Live Cattle Call option trade yesterday. Ended up closing out of the trade by selling it immediately at the start of trading (And thank goodness, I missed that bloodbath later in the day),

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