My personal portfolio:
Comment of the Day

December 14 2010

Commentary by David Fuller

My personal portfolio:

Wheat long partially reopened

David Fuller's view Subject to price action, my intention is to increase my longs in this sector prior to the USDA's final stocks report on 12th January. Today, I repurchased some wheat (weekly & daily) during a pullback. I paid $7.61 for a March position, including spread-bet dealing costs. If this current range since August proves to be the first step above the base formation (as taught at The Chart Seminar) the overall pattern could support a significant advance over the next 6 to 9 months. Meanwhile, weather patterns will remain the key variable.

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