Friday, August 27, 2010 8:30 PM GMT
"Robusta coffee, down 12 percent this month in London trading, may fall a further 5 percent to $1,515 a metric ton, according to technical analysis by Sucden Financial using Fibonacci levels."
From WWW.BLOOMBERG.COM, thanks Leo
Posted by Willie Hawkins from Cincinnati, OH
Friday, August 27, 2010 7:06 PM GMT
My mother-in-law said she heard this on the radio.
"Coffee rose for a second day in London as reduced supplies of arabica beans contributed to stronger demand for the cheaper robusta variety."
she wants to know what you think.
Posted by Sarah Jimenez from Baltimore, MD
Friday, August 27, 2010 5:29 PM GMT
Posted by Jeffrey Lewis from Bellevue, WA
Friday, August 27, 2010 3:53 PM GMT
Posted by Randy Stevens from Syracuse, NY
Friday, August 27, 2010 1:40 PM GMT
Edward wrote:
I came across this post today and thought I would pass it along.
Would anyone care to comment on this?
Posted by Edward Hopkins from Philadelphia, PA