51. With slow export demand for grains, many contract holders are unwilling to accept delivery and are likely to sell futures to liquidate their positions. 52. Futures are sold while the wine is still maturing in the barrel or, in rare instances, while the grapes are still on the vine. 53. He advises traders to take advantage of any rebound in the market to sell May futures. 54. Increasing concerns over an global economic slowdown are darkening the demand outlook for next year, prompting funds to liquidate long positions, then sell futures short. 55. Investors sold soybean futures heavily, fearing the discovery might hurt U.S. exports. 56. The large number of speculators buying and selling oil futures on the basis of breaking news contributed to the jumpiness, he said. 57. These players tend to buy stocksas opposed to selling futures on a high premium, and subsequentlyreversing these positions when futures drop to a discount. 58. Traders who had sold futures expecting lower prices were forced to cover those positions by buying an equal amount, driving prices higher. 59. Investors were also opting to sell the futures contract after modest gains as their views on prospects of economic recovery were becoming increasingly mixed. 60. Investors also moved to sell futures on prospects that the economic recovery would remain slow, brokers said. |