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Re: May Corn/Thar She Blows/Trades
In Response To: May Corn/Thar She Blows *PIC* ()

Well !!, There you are ....
Thought for a bit you had become a Charlie Sheen and were out chasing a 24 yr. old !!!

Frankly, that would be MY preference rather than learning how to select a "proper corn cob" in the supermarket !!!

I stayed on my "good behavior" today and left it alone. When that sucker jumped up it was after the open and I was "suspicious". Suspicious enough to watch it go up 26 points !!!

Tomorrow is another day .....Still a lot of room left to 740.

Take a look at a 60day hourly chart. It got stopped right at 740 3 times. To me it is not as obvious on a daily.

Don't know why, I had bad vibe's today. Crude was over 106 and they are still lobbing stuff into Libya so I for sure am not going to try to second guess what Wall St. is going to do to skim off enough to pay for those buildings !!!

I'll trade corn but certainly watch the stops. I did take a hard look the other day. The emini contract if you don't go wild is pretty safe. A limit day is not all that bad. Two or three survivable for sure and I think you you would be fairly safe on the long side.

I agree that Corn is likely a good bet and safer than the currencies and some others right now.

Thanks, Lee

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Re: May Corn/Thar She Blows/Trades