Saturday, May 10, 2003
Well, I hated to do it, but I sold my OJ contract at 85 cents on Thursday for a loss of $375. I could have waited one more day but the last day of trading can be very worrisome; if it were something with permanent value, like gold, I wouldn't mind too much, but having a truck drive up to my door with 15000 pounds of frozen OJ is quite another story. I declined to buy another (July contract), I'll wait a week and see how lumber and wheat shape up. And I may have some real money to trade with by then too!
posted by John Otis Comeau 10:27 AM
