I’ve been in and out of sugar a couple of times the past few weeks. I went long again the other day, and added to my position today. I also bought some puts for a hedge.
I’m interested in the bearish report from the Royal Bank of Scotland calling for a 300 point decline in the S&P, and another round of credit crunch. That would be an interesting move, and is really tradable. Already, my mind is thinking of the possibilities, probabilities, permutations, and combinations of such a move.
Gotta go and catch the opening of the stock market.
Jeff
