DJIA 12,861.47 -167.45
NASDAQ 2,458.83 -40.29
S&P 500 1,406.70 -19.84 Will test 1374 from March 2007.
Today TICK indicator hit -1400 showing some fear. Need another similar number to get an intermediate bottom in this downtrend. Then it can bounce.
Would like to research a way to invest in cocoa producers.
Growing Asia Mkt To Fuel Demand For West African Cocoa
Asian producers such as Indonesia may boost cocoa production to meet the strong demand growth expected in the next five years, but the region might find it difficult to source enough good quality West African beans which is an essential blend in chocolate production.
"West African beans will be the most sought-after due to a lack of good quality cocoa produced in Asia," said Yee Chow Boi, honorary secretary of the Singapore-based Cocoa Association of Asia (CAA).
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