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Getting Ready for COCOA *LINK*
Posted By: Rick Ratchford - Multi Level Marketing Salesman & Pretend Commodity Analyst
Date: Wednesday, 13 September 2006, at 2:43 p.m.
"Yesterday I sent out via my Newsletter an alert on Cocoa. I'll briefly cover it here.
A weekly swing bottom is due in Cotton at this time. In addition, weekly prices have been oversold since week ending 9/1.
With such a potential for a weekly swing bottom, Cocoa would make a good CALL option trade.
Favorite CALL purchase is to buy with at least 40 days or more remaining and Near-the-money. Idea is to minimize the negative effect of TIME on the option and to get more bang for the buck."
Really? NTM 40 days?
Rick, come're. How many ya' done? Are you net profitable trading commodity options?
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