Sugar : Wild

• From 15 to 30, back to 15, and back to 30, all within a space of 1.5 years (Jun09). Crazy.
• Now trading close to record high of 30.4.
• I certainly am not going to try and buy this anytime soon. Instead, think there might be some mileage in attempting to pick a top in this.
• Watching vigilantly for sign of a turn lower. Then sell in small. Must be extra careful when going short soft commodities.
• Looks like this market does not believe in consolidation at price extremes. No mercy when the turnaround comes.