I'm short, again. I am a bit negative on these recent trades, although not a ton.

My 30 min indicator gave a sell at 782.5 (which as it turns out is about where it's at right now -- I trade Dec). I'll risk to 810.

For all the fundamental talk about the drought and the fundamental outlook on more drought, each future I've followed over the years has the same mentality.....

Gold: It's the reserver currency. Too much government risk, too much demand, it's going to $5,000. Nothing is going to stop it. Right.
S&P: We are in a new bull era. Earnings per share is no longer relevant. Blah blah.
Euro: EU is going to fall apart. Euro is going into the toilet. There is no political solution. Europe is going to implode.

The S and L crisis is going to take apart our financial system... blah blah.
The Bear Stern collapse is going to destroy the financial markets and ruin the US.
The Lehman implosion is going to...

Blah blah blah... A million parallels.

There is ALWAYS a "fundamental" reason. I'm sure that this time with corn it is different. Corn will be at $15,000 in 6 months. There is no doubt.