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2 comment(s). Last comment by Junichiro 2016-04-11 14:36
Posted by Junichiro > 2016-04-11 14:36 | Report Abuse
Hi Calvin, do u keep yr futures position overnight?
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,538 posts
Posted by calvintaneng > 2016-04-11 11:07 | Report Abuse
For CPO Futures?
Follow Calvin 2 sure win methods
1) Buy at 2680 & hold
2) Buy more if price crash further.
Option one you make money
Option two you make even more money
What are the conditions?
You must have CASH (and prepare for margin calls)
You MUST HAVE FORTITUDE!
Lots of patience to wait for CPO price to rise above Rm3,000 a tonne.
Don't go in and out like gambling.
Just buy and SIT TIGHT.
SUSTAIN YOUR PATIENCE GREAT MOVEMENTS TAKE TIME TO DEVELOPE!
As of now FFB have gone up from Rm380 to Rm500. So CPO on firm uptrend
El Nino has caused All Palm OIls and Oil Seed production to shrink and shrink world wide.
Ramadan is coming. Lots of OIl (Vege) will be needed!
Another SIGN IS BDI (Baltic Dry Index) BDI Rebounded 70% in less than one month!
This shows DEMAND for Dry Goods. So Lots of Demand for Oil Palms
ALL THESE CONVERGING FACTORS POINT TO A coming rally in cpo!
Regards,
Calvin