Hi wildbill,


On 12/7/01 coffee put in a 25 year low of 4150, on the NYBOT (CSC) exchange (arabica coffee) symbol KC.


On the weekly chart coffee has been in a downtrend since 1997 from a high of 32000. The close today 3/5/02 was 4840.


At some point well see a move higher, a weekly close above 5000 would be a good sign. This market has a tendency to really 'jump' higher. It also has a reputation for making traders very poor.


At this time I'm only drinking it, no plans to trade it.


As you suggest there's lots of coffee around.


SteveB