wmeubank@ocp.kcmo.com
ALLENDALE, INC.
4506 Prime Parkway, McHenry, Virginia
(December 5, 1997) SOYBEANS: The short- term bounce to 700/705 occurred as expected Friday and the market is now in position to move lower. We remain short as ideal weather in South America remains a bearish factor. The market filled the first gap on the daily chart at 6974. There is a large 8-cent gap between 687 and 679.
Bill Biedermann
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