Re: Drought Worsens/3 Grain ETF/Randolf

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In Response To: Re: Drought Worsens/3 Grain ETF/Randolf *PIC* ()

Trades:
After all these years, you still not figured out that past performance is not indicative of future results....to ignore this is t typical atheist babel (after all 40% CA are atheist)--lol
Markets can ignore the charts at any time and go lock limit several days a row. Weather trumps ALL in the grain markets. Eventually technicians get their heads handed to them. The down trend in corn was based on stupid shit. We (US) have been in a drought since winter. The best rain or chart on the planet cannot save corn now. If no rain, that trend line will be ignored....and you and the rest of the chartist will pay us weather traders. When real fundamentals are at work, all other hats toss in the ring get ignored. I would only sell this res if weather agreed. Charts don't decide weather....end of story.