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Re: Commodities Roundup: Corn/Stewball
Posted By: rabbit In Response To: Re: Commodities Roundup: Corn (stewball)
Date: Thursday, 24 July 2008, at 10:01 p.m.
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.
If you want to print this message, you might have better results, and waste less paper if you print this printer friendly page.
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