Oh how I love soy beans. Makes me want to sing the song “Oh Christmas Tree” but with Soy Beans. On the other hand I got very short. To many stocks breaking down out of value area’s. I couldn’t hold back.
Ricky is BACK! The guys talk about Soy Beans and all kinds of other AG future’s. They also discover Feeder Cattle, who would have thunk it..? Big trends starting in the AG’s. JVonD also explains his techniques picked up from multiple mentors with all different styles of trading. The guys give big props for Gary Kamen’s “Trends In Futures” site which is their only recommended trading site thus far.
JVonD updates the folks on his market thoughts using option market theory, technical analysys, and news. The majority of stocks are on lower levels of upper value areas with the possiblility to break to lower levels.
“Dopeman” Terry joins the conversation and the show discovers a new trading perspective. They talk about some of Terry’s trades and later JVonD goes into extensive short opportunities. Ricky is on the sidelines but looking for some good trades. JVonD talks about the ADX, DI plus DI minus study that is crucial to his new trading technique. Lots of talk about /ZL Soybean Oil which is JVonD’s future trade. Also a look at the major market in general and it don’t look pretty. JVonD finishes the last 30 minutes with some great shorts that are currently on watch.