User [gary fullett /152.200.186.90] joined forum on Tue May 09 12:23:15 EDT 2000<BR>
User [mrj /206.251.171.223] joined forum on Tue May 09 12:49:07 EDT 2000<BR>
<mrj> <Enter Text Here><BR>
<mrj> hi gary<BR>
<mrj> hope the others make it in<BR>
<gary fullett> hi mr jay<BR>
<gary fullett> how are u<BR>
<mrj> fine<BR>
<mrj>  got in on my second try<BR>
<gary fullett> it took me a hlaf hour at 7pm st tonight<BR>
<gary fullett> but I was able to get on<BR>
<gary fullett> severe storms here for the past 15 hours<BR>
<mrj> weather been bad up that way<BR>
<mrj> k<BR>
<gary fullett> yes it has<BR>
<gary fullett> I think it may be the  weather as well as with the chat<BR>
<mrj> Frank and I spent two and a half hours Friday night with no trouble<BR>
<gary fullett> it was fixed on friday<BR>
<gary fullett> the server prob<BR>
<mrj> k<BR>
<gary fullett> I uderstand there  was no prob ast night<BR>
<mrj> none<BR>
<gary fullett> but I was unable to send charts tonight<BR>
<gary fullett> the  phone line to the fax to the PC was having a prob<BR>
User [lmarsh /12.14.197.190] joined forum on Tue May 09 12:53:35 EDT 2000<BR>
<mrj> you did the second best thing by listing the charts<BR>
<mrj> Hey marsh<BR>
<mrj>  made it in<BR>
<lmarsh> hello mrj, Gary<BR>
<lmarsh> chat seem to be working ok?<BR>
<mrj> yes<BR>
<gary fullett> hi<BR>
<gary fullett> yes<BR>
<gary fullett> yes thats true<BR>
<mrj> :)<BR>
<lmarsh> we are begining to have T-storms here,....may have to bug out later........<BR>
<gary fullett> I am committed to everyne learning<BR>
User [eric /208.134.223.105] joined forum on Tue May 09 12:55:51 EDT 2000<BR>
<mrj> hi eric<BR>
<gary fullett> I know it is a rough night<BR>
<gary fullett> amos had a pipe burst at his house today<BR>
<eric> good evening mrj and all<BR>
<lmarsh> persistant & patience are so important<BR>
<gary fullett> hi eric<BR>
<lmarsh> hello eric<BR>
<lmarsh> water pipe?<BR>
<gary fullett> many people wrote me and cant make it due to weather concerns<BR>
<gary fullett> yes<BR>
<eric> hi gary and imarsh<BR>
<gary fullett> so I think about 1o poeple emailed me and cant make it so we will be small but powerful...<BR>
<gary fullett> :)<BR>
<mrj> :)<BR>
<gary fullett> I hopefully will have the archives working by tomorrow<BR>
<lmarsh>  i got the small part no problem!!<BR>
<gary fullett> :)<BR>
<mrj> lol<BR>
<gary fullett> well any questions<BR>
<mrj> y<BR>
User [jake /147.72.69.187] joined forum on Tue May 09 12:58:08 EDT 2000<BR>
<mrj> hi jake<BR>
<gary fullett> wecan an informal chat tonight if u wish<BR>
<gary fullett> since many cant make it due to weather<BR>
<gary fullett> welcome Jake<BR>
<mrj> Have a question on oats<BR>
<lmarsh> hi jake<BR>
<jake> hi every one<BR>
<gary fullett> yes sir Mr j<BR>
<gary fullett> I want to talk on grains and some other markets breifly as well<BR>
<gary fullett> I think so<BR>
<gary fullett> I think 238 area in corn will hold<BR>
User [fran /209.100.190.129] joined forum on Tue May 09 12:59:11 EDT 2000<BR>
<gary fullett> great questions<BR>
<mrj> hi fran<BR>
<gary fullett> did u watch the opening in oats today?<BR>
<lmarsh> looking possiblely to me as well..<BR>
<mrj> n<BR>
<lmarsh> hi fran<BR>
<fran> hi all<BR>
<gary fullett> fran did u get as much rain as I got?<BR>
<lmarsh> no watch oats,....what happened?<BR>
<gary fullett> they gapped to the 119 3/4 on the opening today  and then pop 3 cents<BR>
<fran> got 300 acres of beans to plant yet  :-)<BR>
<gary fullett> my seeds are washed away :(<BR>
<fran> darn<BR>
<gary fullett> that gap opening in oats today was to flsh out the sell stops<BR>
<gary fullett> I hope not I will see Fran<BR>
<mrj> :0<BR>
<gary fullett> I reseeded 4 days ago<BR>
<mrj> :)<BR>
<gary fullett> flush the oats not fish<BR>
<gary fullett> so I think oats will develpo a trading range here within 5 cents and rally to nrew highs<BR>
<gary fullett> I look aT TODAYS lows<BR>
<gary fullett> as the bottom of oats<BR>
<gary fullett> so I would buy on the retest<BR>
<gary fullett> with a stop<BR>
<fran> gary...did you plant with a cover crop?<BR>
<mrj> thanks gary<BR>
<gary fullett> I did buy corn for clients today<BR>
<gary fullett> and sold options agaist that position<BR>
<gary fullett> cover crop?<BR>
<gary fullett> does that answe u Mr J<BR>
<fran> mixture of different grasses<BR>
<gary fullett> no<BR>
<mrj> y one more question on cotton<BR>
<fran> not just blue grass<BR>
<gary fullett> I just used Scotts best seed<BR>
<gary fullett> I used starter seed<BR>
<gary fullett> I should haveused astroturf :)<BR>
<gary fullett> yes Mr J<BR>
<fran> our son had it sprayed on with paper product to hold the seed<BR>
<mrj> cotton had a spring on 5-1 and had a joc today<BR>
<gary fullett> YES<BR>
<gary fullett> I had intentted to talk about trading range<BR>
<gary fullett> in cotton today and its strenght<BR>
<gary fullett> it is much differnt when amos isnt here<BR>
<lmarsh> ditto<BR>
<gary fullett> I can do this at a differnt level<BR>
<gary fullett> thank u Mr j and Lmarsh<BR>
<mrj> no thank you!<BR>
<gary fullett> cotton if u recall showed strenghth several months<BR>
<gary fullett> ago and cam down to support<BR>
<gary fullett> and now is reated from support<BR>
<gary fullett> and developed a trading range<BR>
<gary fullett> and broke out today<BR>
<jake><BR>
<gary fullett> I would nt be surprised if the market came back first<BR>
<gary fullett> and had a small upthrust<BR>
<gary fullett> at this level<BR>
User [Jeff Z. /24.17.169.192] joined forum on Tue May 09 13:06:44 EDT 2000<BR>
<gary fullett> but I am bulllish and look foer higher prices<BR>
<gary fullett> look at the CRB<BR>
<fran> I appreciate you too gary  ;-)<BR>
<gary fullett> acted strong today<BR>
<gary fullett> thank u Fran....<BR>
<gary fullett> I just my seed to grow :)<BR>
<mrj> Did you see the "minor" spring in Autralian Dollar<BR>
<gary fullett> I want to be a farmer of grass<BR>
<mrj> Hi jeff<BR>
<gary fullett> Yes I wanted to send that chart as well<BR>
<fran> some will....just be patient<BR>
<gary fullett> this market will be accumaulting<BR>
<gary fullett> at the 5850 areaa<BR>
<Jeff Z.> hello mrj<BR>
<Jeff Z.><BR>
User [fibo /206.104.30.225] joined forum on Tue May 09 13:08:05 EDT 2000<BR>
<fran> hi jeff<BR>
<gary fullett> it has been 2 and 1 /2 weeks and I want a whole yard<BR>
<gary fullett> I am not patient<BR>
<fran> hi fibo<BR>
<lmarsh> Hi fibo<BR>
<mrj> nhi fibo<BR>
<fibo> hello everyone<BR>
<gary fullett> I think the  trade on the grains today<BR>
<gary fullett> was very constructive<BR>
<eric> hi fibo<BR>
<gary fullett> I think we are close to thw lows on this retracement<BR>
<gary fullett> hi Fibo<BR>
<Jeff Z.> hi fran<BR>
<gary fullett> wheat  is acting constructive now<BR>
<gary fullett> corn is weaker at this gesture<BR>
<gary fullett> juncture<BR>
<fran> fibo...all that gann energy was negative<BR>
<gary fullett> but I thi k that is because too many public longs<BR>
<fibo> o.k. fran<BR>
<gary fullett> I look for strenghth in corn tomorrow though<BR>
<gary fullett> I think the market will close the wek near the highs for the week<BR>
<mrj> price range was very narrow<BR>
<gary fullett> yes very good MR J<BR>
<gary fullett> the shortening of the down ward thrust<BR>
<gary fullett> I think corn will react well form the 238 area nicley<BR>
<gary fullett> as I mentioend I bought corn for clients<BR>
<gary fullett> as I think the  lows are near these lvels<BR>
<gary fullett> though the market did some damage over the last few days<BR>
<gary fullett> bean action and the rest of the grains ranges were tight today<BR>
<gary fullett> after some coorection<BR>
<gary fullett> to me this means that the CM was buyers as weak longs were gtting out<BR>
<gary fullett> the market going from  weak longs to strong longs<BR>
<fibo> gary what is your line in the sand on the corn? stop?<BR>
<gary fullett> I was a byer at the 238 area<BR>
<gary fullett> and the stop is around the 227 area<BR>
<fibo> o.k. thanks<BR>
<gary fullett> I cant be specific on a public forum<BR>
<gary fullett> but you get the idea :)<BR>
<fibo> o.k.<BR>
<gary fullett> July corn<BR>
<gary fullett> though I dnt think corn gets under 235 area<BR>
<gary fullett> :)<BR>
<gary fullett> I bought July as I think<BR>
<gary fullett> the market in july will react better<BR>
<gary fullett> do you have a comment on the grains today fibo?<BR>
<eric><BR>
<Jeff Z.> gary, you think the market in July will react better based on what?<BR>
<fibo> i think it was constructive today also<BR>
<fran> personally, I would like to see a washout<BR>
<gary fullett> then the back month jeff<BR>
<gary fullett> we had a washout with storms today :)<BR>
<Jeff Z.> ok<BR>
<fran> sure did<BR>
<gary fullett> got lots of things washed out<BR>
<fibo> how much?<BR>
<gary fullett> hey I am acity boy<BR>
<fran> almost 2 inches<BR>
<gary fullett> that move to the suburbs<BR>
<fibo> any bad stuff fran?<BR>
<gary fullett> and I heard a tonardo siren for the first time in my life :)<BR>
<gary fullett> I was scared as he....<BR>
<gary fullett> the dog went nuts<BR>
<fran> no...but just 50 miles south tv said had BASEBALL size hail<BR>
<gary fullett> for the first time in my life I could sleep due to the weather<BR>
<gary fullett> so as a wrap up on the grains<BR>
<fibo> glad it missed you fran<BR>
<gary fullett> I think the lows are  near on ths coorection<BR>
<fran> so am I....that is BIG<BR>
<gary fullett> and I expect the lows  from today to hold within a few cents<BR>
<gary fullett> where 50 miles fran city?<BR>
<fran> covington<BR>
<gary fullett> todays tight range<BR>
<gary fullett> light volume was bullish to me<BR>
<gary fullett> and I think the market overall works higher this week<BR>
<gary fullett> K<BR>
<mrj> k<BR>
<gary fullett> so I think grains could be bought here<BR>
<eric> k<BR>
<Jeff Z.> k<BR>
<lmarsh> Ok<BR>
<gary fullett> a way to play this is to buy the futures<BR>
<gary fullett> and sell calls that are out of the money<BR>
<gary fullett> or buy putd<BR>
<gary fullett> against<BR>
<gary fullett> you futures<BR>
<gary fullett> today to me was a key to many<BR>
<gary fullett> markets<BR>
<gary fullett> I have some specific levels of some markets that I think when they break out they will really fly<BR>
<gary fullett> I think the markets to atch<BR>
<gary fullett> here<BR>
<Jeff Z.> Gary, do you have any comments on July OJ.<BR>
<gary fullett> and I am sorry for the charts<BR>
<gary fullett> I will get them out tomorrow hopefully and discuss them<BR>
<gary fullett>  are OJ<BR>
<gary fullett> cotton<BR>
<gary fullett> cocoa<BR>
<gary fullett> I think OJ retested support at 8100<BR>
<gary fullett> and now is rallying nback to resistance<BR>
<gary fullett> at the top of the range<BR>
<gary fullett> and I think the market is undergoing accumaultion<BR>
<gary fullett> and will jump over the creek<BR>
<gary fullett> okay Jeff?<BR>
<Jeff Z.> How do we interpret the low volume over the last two days?<BR>
<gary fullett> todays volume was good<BR>
<gary fullett> on the rally<BR>
<Jeff Z.> OK<BR>
<gary fullett> the previous days<BR>
<gary fullett> the market was attempting<BR>
<gary fullett> to go lower so light volume was bullish<BR>
<gary fullett> and lead to todays nice rally<BR>
<gary fullett> gold looks constructive to me here<BR>
<gary fullett> as well as silver<BR>
<gary fullett> watch the crb chart<BR>
<gary fullett> this looks very good<BR>
<gary fullett> though we are at the top of the range here<BR>
<fran><BR>
<gary fullett> okay Jeff?<BR>
<gary fullett> any other questions<BR>
<jake><BR>
<gary fullett> I want to talk about horizontal trading ranges...<BR>
<fibo> k<BR>
<lmarsh> k<BR>
<eric> k<BR>
<gary fullett> I think a amrket that is undergoing accumaltion<BR>
<gary fullett> is coffee<BR>
<gary fullett> it is weekly support<BR>
<gary fullett> and the daily looks very good to me<BR>
<mrj><BR>
<gary fullett> I think coffee is very constructve<BR>
<gary fullett> I think 110-120 calls spread<BR>
<fran> could we joc here ...do you think?<BR>
<gary fullett> is about 650 dollars with profit potiential of<BR>
<gary fullett> 3 k<BR>
<gary fullett> please watch coffee<BR>
<gary fullett> it moves and can be a great risk reward market<BR>
<Jeff Z.> Gary, is there much risk of just going long coffee from these levels?<BR>
<fibo><BR>
<lmarsh><BR>
<gary fullett> questions<BR>
<gary fullett> coffee is volitile<BR>
User [jim /152.169.0.119] joined forum on Tue May 09 13:31:37 EDT 2000<BR>
<gary fullett> and is expensive<BR>
<fibo> hi jim<BR>
<jim> hi,all.<BR>
<gary fullett> has lots of rk<BR>
<fran> hi jim<BR>
<gary fullett> it is a NY product and grows in columbia :)<BR>
<gary fullett> risk sorry<BR>
<gary fullett> hi Jim<BR>
<gary fullett> it was a typo<BR>
<gary fullett> what it the significance<BR>
<gary fullett> of the horizontal trading range?<BR>
<mrj><BR>
<fibo> support and resistance<BR>
<gary fullett> ithe horizontal trading range<BR>
<mrj> accumulation distribution detection levels of support and resistance<BR>
<gary fullett> is for support and resistance<BR>
<jim> accum or distri<BR>
<gary fullett> right<BR>
<gary fullett> it also shows where demand<BR>
<gary fullett> and supply comes into play<BR>
<gary fullett> when we are dealing with a amrket<BR>
<fibo> the longer the range the larger the move<BR>
<fran> then coffeee should soar someday fibo<BR>
<gary fullett> very well said fibo<BR>
<fibo> lol@fran<BR>
<gary fullett> the horizontal range<BR>
<gary fullett> gives us the cause for a move<BR>
<gary fullett> so when we approcjh support<BR>
<gary fullett> at the bottom of the range<BR>
<gary fullett> if it is accumaltion<BR>
<gary fullett> the retest should be on lighter volume<BR>
<gary fullett> and smaller trading ranges on a dialy basis<BR>
<gary fullett> fran is drinking lots of coffee<BR>
<gary fullett> to show demand<BR>
<gary fullett> and clean up supply<BR>
<fibo> lol<BR>
<fran> darn...thought I could wish it up fibo<BR>
<lmarsh> : ^)<BR>
<gary fullett> she wants to be a user CM :)<BR>
<fibo> :-)<BR>
<gary fullett> he want to hoard coffee like the Hunts with silver<BR>
<fibo> lol<BR>
<gary fullett> she is buying Star bucks I heard<BR>
<gary fullett> and dumping  coffee in the watrer like the Boston tea party<BR>
<fran> coffee could still make a new low going into harvest in july-ausust<BR>
<fran> august<BR>
<mrj> nite<BR>
<fran> nite marsh<BR>
<fibo> nite lmarsh take care<BR>
User [lmarsh] left forum on Tue May 09 13:40:17 EDT 2000<BR>
<gary fullett> night lmarsh good luck<BR>
<gary fullett> so we have many markets to me<BR>
<gary fullett> that are in sideways horizonatl trading ranges<BR>
<gary fullett> that are building cause<BR>
<gary fullett> and will go higher<BR>
<gary fullett> the crb is crtical to watch<BR>
<gary fullett> becuase this is showingunderlying commdty support<BR>
<eric><BR>
<gary fullett> we MUST be aptient<BR>
<gary fullett> when a market is in arange<BR>
<gary fullett> and really shouldnt anticipate<BR>
<gary fullett>  a break out JOC<BR>
<gary fullett> but watch the market<BR>
<gary fullett> identify support<BR>
<gary fullett> and if u feel and identify<BR>
<gary fullett> support withn a range<BR>
<gary fullett> buy it with a stop<BR>
<gary fullett> great question<BR>
<gary fullett> the CRB<BR>
<fran> really in the grains....a washout would be great...too many in the market right now<BR>
<gary fullett> in my opinion is smartly woring higher<BR>
<gary fullett> what do I mean buy this<BR>
<gary fullett> when it gets to resistance<BR>
<mrj><BR>
<gary fullett> the reation off resistsance<BR>
<gary fullett> seems to be waning<BR>
<gary fullett> to me this means that there  are less and less sellers<BR>
<gary fullett> as the amrkets gets to reisstance<BR>
User [jake /147.72.69.187] joined forum on Tue May 09 13:44:26 EDT 2000<BR>
<gary fullett> the more times we test<BR>
<gary fullett> resisatbce the more likly<BR>
<gary fullett> that we will break thru it<BR>
<gary fullett> and I think this is the case with the CRB<BR>
<gary fullett> it is interesting<BR>
<fibo> the wheat had a washout<BR>
<gary fullett> to note that the break in the grains<BR>
<gary fullett> didnt hurt the crb too much<BR>
<gary fullett> dues to energies ralying<BR>
<fibo> k<BR>
<gary fullett> did u get the list of charts I wanted to send tonight<BR>
<Jeff Z.> y<BR>
<gary fullett> that I wills end hopefully tomoroe?<BR>
<eric> y<BR>
<gary fullett> well wheat crb coffee cocoa<BR>
<gary fullett> are this very markets that I am talking about<BR>
<gary fullett> that are accumaulting in my opinion<BR>
<gary fullett> wheat  has turned from a very weak market<BR>
<gary fullett> to one that seeems to hold support well nw<BR>
<gary fullett> me eithe Fran<BR>
<fran> brb<BR>
<gary fullett> Oi isnt part of wyckoff<BR>
<gary fullett> I bought wheat today as well<BR>
<gary fullett> as I feel that wheat is going from a weak market to a strong market<BR>
<gary fullett> the horizoantal ranges<BR>
<gary fullett> are important to watch<BR>
<gary fullett> becauase as they build cause<BR>
<gary fullett> they also will measure a move to come<BR>
<gary fullett> when they break out<BR>
<gary fullett> the idea of the horizonatla trading ranges<BR>
<gary fullett> is to wear and tear the public<BR>
<gary fullett> and bide time<BR>
<gary fullett> till the CM begins to mark up or mark down prices<BR>
<gary fullett> when the amrkets breaks to support<BR>
<gary fullett> at the bottom of the range<BR>
<gary fullett> the public thinks that<BR>
<gary fullett> the bottom will fall out<BR>
<gary fullett> example  OJ<BR>
<fran> nite jeff<BR>
<gary fullett> night jeff<BR>
<fibo> nite jeff<BR>
<gary fullett> so the purpose of bring the market<BR>
User [Jeff Z.] left forum on Tue May 09 13:50:02 EDT 2000<BR>
<eric> nite<BR>
<gary fullett> to go to the bottom of the range is to discourage<BR>
<gary fullett> longs<BR>
<gary fullett> and it gives the CM the opprtunity to buy at cheap prices at support<BR>
<gary fullett> so watching the ranges within the  trading ranges<BR>
<gary fullett> and watching the volume<BR>
<gary fullett> u will be able to decifer demand or supply<BR>
<gary fullett> streghth or weakness<BR>
<gary fullett> that is why i belive u saw the small range with light volume in the grains today<BR>
<mrj> Gary remember crude oil and the buying climax that you called--- have we had a down move to a point of support and are we now looking at a secondary test of the BC<BR>
<gary fullett> questions on horizonatl trading ranges and there signifivcance?<BR>
<gary fullett> YES YES YES Mr JU<BR>
<gary fullett> J<BR>
<mrj> ok thanks<BR>
<gary fullett> amos mentioedn support in crude 2 weeks ago<BR>
<gary fullett> he called the bottom<BR>
<gary fullett> I think June crude will retest the 3060 area<BR>
<mrj> but you called the BC<BR>
User [jim /152.169.0.119] joined forum on Tue May 09 13:54:29 EDT 2000<BR>
<gary fullett> we should see a retest near  the highs<BR>
<gary fullett> what will be significant<BR>
<jake><BR>
<gary fullett> is the VOLUME and price action at that levels<BR>
<mrj> k<BR>
<fran><BR>
<fibo><BR>
<eric><BR>
<gary fullett> yes I did Mr j<BR>
<gary fullett> did u have a question about crude?<BR>
<mrj> no sir just an observation thanks<BR>
<gary fullett> do u mena if we had a BC we shouldnt retest the highs?<BR>
<gary fullett> oh okay<BR>
<gary fullett> I thought u had a question if indeed it was a BC<BR>
<gary fullett> I am 100 percent sure<BR>
<mrj> n<BR>
<gary fullett> but Imwill wit for the retest<BR>
<mrj> k<BR>
<gary fullett> I am not 100 prcent sure I meant<BR>
<mrj> I follow it could go higher thanthe "tentative" BC<BR>
<gary fullett> could<BR>
<gary fullett> yes Fran<BR>
<gary fullett> I wish I was able to send the charts<BR>
<gary fullett> because there is alot that I wanted to show about  ranges<BR>
<gary fullett> but hopefully tomorrow<BR>
<mrj> I think you did great even without the charts<BR>
<gary fullett> I dont want to go into much detail without them in front  of u<BR>
<gary fullett> I have some point in mind<BR>
<gary fullett> would u like to hear where I think critical<BR>
<gary fullett> support and reisstance<BR>
<gary fullett> is at on some markets<BR>
<fibo> y<BR>
<fran> y<BR>
<gary fullett> or will I confuse u<BR>
<mrj> y<BR>
<gary fullett> I dont usually do this<BR>
<eric> y<BR>
<fran> always confused anyway<BR>
<gary fullett> but i think markets are at  major points<BR>
<gary fullett> I am a tad differnt from amos and Fibo<BR>
<gary fullett> so  I am trying to  to catch up to them :)<BR>
<gary fullett> cocoa<BR>
<gary fullett> I think majot support 770<BR>
<gary fullett> if the market gets aboove 816 very critcal<BR>
<gary fullett> last weeks high 812<BR>
<gary fullett> OJ  8550 resisatnce<BR>
<gary fullett> 8100 support<BR>
<gary fullett> boy i should nt do this I may lose crediabilty<BR>
<gary fullett> july beans 545 support<BR>
<gary fullett> 587 resistance<BR>
<gary fullett> july coffee<BR>
<gary fullett> 105 20 ressiatnce<BR>
<gary fullett> 9400 support<BR>
<gary fullett> June gold support 27440<BR>
<gary fullett> resistance 29430<BR>
<gary fullett> I mean 28430<BR>
<gary fullett> 260 supprt July wheat<BR>
<gary fullett> 279 resisatnce<BR>
<gary fullett> okay<BR>
<gary fullett> I think rice is retesting<BR>
<fibo> corn? :-)<BR>
<fran> sounds good<BR>
<gary fullett> and is accumalating<BR>
<gary fullett> oh   :)<BR>
<gary fullett> I mentioedn that before u came fibo I think<BR>
<gary fullett> 235 july corn<BR>
<fibo> k<BR>
<gary fullett> resistance at 259<BR>
<gary fullett> to me these are the evels<BR>
<gary fullett> that I expect volume<BR>
<gary fullett> and price action to pick up at<BR>
<gary fullett> I think resisatnce in all th markets I mentioedn<BR>
<gary fullett> will be broken<BR>
<gary fullett> and support will HOLD<BR>
<jake><BR>
<gary fullett> boy I really went out on a limb<BR>
<gary fullett> because if I am wrong No one will come to class ;)<BR>
<fibo> sure they will<BR>
<gary fullett> I am writing rukles on a contest<BR>
<gary fullett> it will begin June 3<BR>
<gary fullett> it will  be monitored<BR>
<gary fullett> by someone<BR>
<fran> fibo....the 4x1 gann angle coming up from 1986 low of 1.51 shows support at 2.33 weekly and we broke it<BR>
<gary fullett> and it will have specific rules<BR>
<gary fullett> it will rin till labotr day<BR>
<gary fullett> support was broken?<BR>
<fran> on this chart...a gann chart<BR>
<gary fullett> fibo do u have a comment?<BR>
<fibo> no<BR>
<fibo> it was just 3 cents fran  is that good or bad?<BR>
<fibo> i think gann always gave it 3 cents<BR>
<fran> just food for thought<BR>
<eric><BR>
<fibo> thanks fran<BR>
<mrj> corn has good support at 228-232<BR>
<fran> I think you can break support....but should recover soon...right?<BR>
<fran> or in trouble...right?<BR>
<fibo> fran husband says the low was 150.75 in 87<BR>
<fibo> i think it has to recover really soon after breaking support..like a washout or a spring<BR>
User [jim /152.169.0.119] joined forum on Tue May 09 14:14:45 EDT 2000<BR>
<fran> I have 1.51 1986<BR>
<gary fullett> what does it cost for a farmer to grow corn?<BR>
<fibo> irrigated corn about 2.60 per bushel<BR>
<gary fullett> irratated corn or irrigated :)<BR>
<fibo> & that depends on whether you have to make land payments or pay rent<BR>
<fibo> irrigated :-)<BR>
<fran> we are at 2.00 depending on several factors right now<BR>
<fran> fuel and chemical<BR>
<eric> how much for non-irrigated corn?<BR>
<gary fullett> what the heck is iirigated corn?<BR>
<mrj> lol<BR>
<fran> what does just irrigation cost fibo<BR>
<fibo> corn that is watered gary :-)<BR>
<gary fullett> i just got my water bill and it is EXSPENSIVE<BR>
<gary fullett> :)<BR>
<gary fullett> I called to complain they said that they would be happy to shut it off :)<BR>
<fran> our fuel has gone from .73 to 1.18<BR>
<fibo> have to drill a hole around 400 ft. deep,, put a pump & motor on it..and a gearhead..and a 100,000 sprinkler<BR>
<gary fullett> i think I will hook up to a neighbors<BR>
<mrj> very nice of them<BR>
<fran> quit watering grass seed gary ;-)<BR>
<gary fullett> they said if u use it PAY<BR>
<mrj> lol<BR>
<gary fullett> that is why I am happy for the rain :)<BR>
<fibo> get astrotruff:-)<BR>
<gary fullett> let the lord pay for it<BR>
<fibo> amen!<BR>
<gary fullett> the way it loks it is astroturf<BR>
<gary fullett> I let kelly Mow<BR>
<gary fullett> I water shw mows<BR>
<gary fullett> she<BR>
<fran> boy is she getting ripped off<BR>
<gary fullett> but  when it rains I have to reseed so i dont win<BR>
<mrj> some deal for Kelly what a trader you are<BR>
<gary fullett> so either I pay for water or seed   hmmmm<BR>
<gary fullett> yep Fran :)<BR>
<fibo> put rocks in the yard:-)<BR>
<fran> another thing on corn cost...depends on the yield you get<BR>
<mrj> good night all Gary class was great thanks<BR>
<fibo> nice living out here in the country.. we have our own well.. no water bill<BR>
<gary fullett> yes Mr J<BR>
<fibo> nite mrj<BR>
<fran> nite mrj<BR>
<eric> nite mrj<BR>
User [mrj] left forum on Tue May 09 14:22:20 EDT 2000<BR>
<gary fullett> hey I want to build a deck so I dont have to mow  or seed<BR>
<fibo> gary have you ever flown over this country in the summer?<BR>
<gary fullett> that is why I am taking the deck building class so she can learn to build<BR>
<fibo> at night?<BR>
<gary fullett> send the well here<BR>
<fran> sorry eric<BR>
<gary fullett> how do I get a well<BR>
<gary fullett> what country<BR>
<fibo> texas panhandle<BR>
<fran> then you do have work gary pwer washing and staining<BR>
<fibo> stuff will still grow under the deck<BR>
<gary fullett> kelly will learn Fran<BR>
<gary fullett> really fibo<BR>
<gary fullett><BR>
<gary fullett> i cant win<BR>
<gary fullett> :)<BR>
<jake><BR>
<fibo> fran are you all dryland ?<BR>
<gary fullett> well i will hopefully send chart for tomorrow nightamos will be back<BR>
<fran> yes....but very wet land tonite<BR>
<gary fullett> :)<BR>
<fran> not much irrigation here fibo...just some seed corn<BR>
<fibo> o.k. 2.00 then on cost for dryland corn<BR>
<fran> dekalb----garst<BR>
<fran> yes<BR>
User [wes /172.139.155.80] joined forum on Tue May 09 14:26:21 EDT 2000<BR>
<fibo> hi wes<BR>
<gary fullett> hi wes<BR>
<wes> hi fibo<BR>
<wes> hi gary<BR>
<fibo> i imagine not with the prices<BR>
<gary fullett> I have kelly she is like good macinery I can rent her to u :)<BR>
<fibo> lol!  great..we want to build on a room..:-)<BR>
<gary fullett> when I get the deck I will send her over<BR>
<fibo> o.k.!<BR>
<gary fullett> u pay airfare<BR>
<fibo> for free labor  sure we will :-) 1st class to boot!<BR>
User [jake] left forum on Tue May 09 14:28:10 EDT 2000<BR>
<fran> makes a big difference fibo----150 or 200 bushel corn what production costs are....or for that matter say 130 bushel corn<BR>
<gary fullett> well I htink it is time for a shower and to walk the pups before I need to build an ark<BR>
<gary fullett> I will see you all tomorrow night<BR>
<fibo> nite gary thanks !<BR>
<fran> nite gary<BR>
<gary fullett> with chjarts hopefully :)<BR>
<wes> nite gary<BR>
<gary fullett> thank you all good night<BR>
<gary fullett> night wes<BR>
<jim> gn<BR>
User [gary fullett] left forum on Tue May 09 14:29:34 EDT 2000<BR>