Deus
Long

Coffee (KC1!, JO) looks extremely bullish

ICEUSA:KC1!   Coffee
I have lost quite a bit of money already on options trying to time the lift of. But now it is getting to the point where the price should do something.

WHY
- I think it is bullish because the price over last 6-7 years formed somewhat what looks as geometrically perfect triangle;
- movements up were always in wild thrust and then price retraced slowly each time;
- last wave down breaks down in 3 waves each having 5 subwaves and appear complete demonstrating divergences with indicators
- most of coffee             producing countries end harvesting in March hence some negative news may trigger price surge
AMEX:JO            

HOW
- loaded JO stock already
- thinking of making another bet with options, though recent experience still burns ..

DURATION
- for several months at least may be years if shortage of cofee persists
SEEMS FAILED
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