Pilobolus Commodities: January 2009

Wednesday, January 21, 2009

Short: 10 Yr Treasury Futures (124'20) Prices appear to have reached a significant high; next move suggests lower prices into 1st qtr.

Tuesday, January 20, 2009

March 09 Sugar (SB09 1258) Strong momentum suggests higher prices

Targets: 1st obj: 1331, 2nd obj: 1472
Stop: 1127

Friday, January 16, 2009

Dollar Index (84.14) Weekly momentum argues higher prices to retest 8846 high

March 09 Coffee (KCH09 115) Upside momentum is beginning to emerge

Targets: 124, 134

Stop: 107

Tuesday, January 13, 2009

March Soybeans (SH09 980) Strong momentum suggests higher prices

Target: 1130, then 1400
Stop: 905

Monday, January 12, 2009

March Copper (HGH9 156) continues its bottoming formation

About Pilobolus Research

Seth F. Wolff
A ten year institutional market strategist formerly with IdeaGlobal & Charles Schwab (Cybertrader Corp) advising institutional clients in the equity,commodity and fixed income area, with prior roles in institutional research sales in North America. Seth has also appeared in media coverage including Dow Jones and Bloomberg. A graduate of the University of Arizona with a B.S. in Finance and continuing studies at NYU Graduate Business School, Seth has also been a member of the Market Technicians Association (MTA) since 1990.

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