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Dec. Corn/ 4 Reasons to BUY.

Started by financeguru, June 25, 2008, 11:17:03 AM

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financeguru

Today on Sweet Picks, http://tv.wallst.net/referral/Jolley/sweet-picks, Bill Frejlich, Editor of the Windy City Trader was featured, speaking on the Dec. Corn Future Trade.
Bill says to BUY Dec. Corn @ $7.40, sell stop @ $7.15, the Profit Objective here is $8.25 and you should risk $1250 to make $4200.

4 Reasons to BUY is:

1. Rising demand in china
2. Floods in the Midwest
3. Losing 15% world corn crop to ethanol
4. Technical correction

To hear what all he had to say, if your interested in this market you should check out the show.