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Commodity Trading Discussion Forum

Re: Commodities Roundup: Corn/Stewball

Posted By: rabbit
Date: Thursday, 24 July 2008, at 10:01 p.m.

In Response To: Re: Commodities Roundup: Corn (stewball)

Move down may not be over. However, could get some violent 2 or 3 day pullbacks, which could lend itself to a short.

I am still watching that big head and shoulders in the weekly wheat for a breakdown or failure if it goes above the right shoulder.

Right now I have no grain postions. I thought about going short soybeans based on what happened in 1993 flood, but could not come up with an entry plan so am watching the big move down from the side lines and saying what if.


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