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Re: The 5/7 Coffee Post
By:Vincent
Date: Wednesday, 9 June 2004, 11:46 am
In Response To: The 5/7 Coffee Post *PIC* (Rick R. (vendor - ProfitMaxTrading.com))

Honestly,
I don't understand what the chart represents or what the post says.
"...and that 5/7 WOULD put in a daily swing bottom. "...so I am NOT expecting 5/7 to put in a daily swing bottom." ??

The calls can be difficult to judge for me, as the dates for all the bars shown are not presented.
All I can fathom is that yes, prices did eventually rise here, but actually 5/7 does not appear to be the low point. Missing from the post and chart are other bearish calls after this call. You had no daily turn calls after 5/7? If so, then this would be a little misleading vis a vi the risk/reward potential.

Rick to get a more accurate view, can we see all the calls for coffee this year?

Vincent

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