Thursday, August 14, 2008

Exit the last bean-meal spread

So I exited the last bean-meal spread;

Sold SM at 349
Bought S at 1272.5

I think grains are bottomed out at least temporarly. I'll look to re-enter when the spread goes back up to $35K. I was able to pull out $4000 on this trade, but still considering all the agony I had in the last 8 months, I don't know if this is worth or not.

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