No, it is neither a Book nor a Broadway Play. It's a "Sugar Honey" Play on Wall Street. Sugar at its 30 years high. Mamma mia, mamma tua... Thank God I am using "Pure tasting low calorie sweetener, Diet-Sweet aspartame 20 mg/T, 1 tablet equals a teaspoonful of sugar in taste and only 0.4 calorie", so they claim. Well after lots of consideration, I am taking all the sugar I have in my kitchen and going to sell it in the nearest flea market.
Last Thursday Augst 13th, Sugar hit 23.32 and closed at 22.21. Next day, Friday Aug 14th it did close at 21.98 down 1.04% - no big deal (http://futures.tradingcharts.com/javachart.php?cbase=SU&market=SB&cterm=A9).Mmmm, boh, I think I am going first thing in the morning to SHORT "Sugar Honey" at or around 22.00/22.15 (with Stoploss at 24.59) and if I dont lose the kitchen I will close 50% of my positions @ or around 20.10 and a further 20% @ or around 19.20 leaving my last 30% for a good solid 18.30.
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