View Full Version : coffee

03-18-2002, 01:27 PM
Looks as though March coffee will go off the board in the 5050 area. May is at 5165, down 395.

Should be a little battle in here, a break below 5000 point lower, IMO, for the short term.

Still just drinking it.

Might be time to look at some calls.

03-18-2002, 01:53 PM
Here's a continuous coffee chart going back to 1996. It's has the waves marked. EW's are to subjective for me, and this is not my chart ... so take it with a pinch of salt.

We are at 25 year lows below the 5000 mark (4150 on 12/7/01) (I show the high area as 34000 on 3/77)

Catch a move like that, and you might be able to buy lunch ... lol.