Friday, June 27, 2008


20080627 1558. FCPO futures reaches into the 90s, turned out to be a good trade.



Thursday, June 26, 2008


20080627 1112. Sep 08 FCPO futures move into the buy zone between 55 and 60. Looking for a continuation move up.



Wednesday, June 11, 2008


20080611 News today Sime Darby fired two seniou management staff for incurring RM120 million losses from crude palm oil futures trading. these people think they can be Leeson or Jerome Kervial who made tremendous losses for Barings Bank (now defunct) and Societe Generale. That is what you get for thinking the market can be manipulated with size. Now Malaysia has more rogue trader incidents to add to the Bank Bumi and Bank Negara ringgit traders.



Friday, June 06, 2008


20080606 1627. Having abandoned the plan to buy at 3587, the market promptly goes to that level and stage a rebound upwards! That is the way trading goes.




20080606 1513. Levels not reached, so plans for the trade shelved.



Thursday, June 05, 2008


200806061112. Looking for longs on cpo futures at 85 then 70.



Monday, June 02, 2008


Downtrend resolves itself and the shorts are in profit.




20080602 1604. An opportunity maybe for short on Aug FCPO futures.



Sunday, June 01, 2008


20080602 1230. The trend resolved itself and continues to tack on the gains.




20080602 1203. FCPO august 08 futures on uptrend today.