Monday 11 October 2010

11oct2010 - Buy 2917 at 1230pm.

Hourly cpo cut loss turn buy at 2717 at 1230pm today. It is the biggest losses ever seen by me for this year. Total 151 points. Dalian Palm Oil and CBOT soyoil hit the sky after USDA Friday report cut soybean ending stocks for 2010-11 by 24% to 265 million bushels, indicating tighter global supply outlook amid rising demand.