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Shorted cbot wheat
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Bonpas
Posted 5/21/2015 21:51 (#4584408)
Subject: Shorted cbot wheat


SEIL
Sold some July cbot wheat at 5.245 today. I still believe we are in an uptrend for a few more weeks prior to harvest...but after gaining 65 cents recently we should be due for a little correction about any time. 15-20 cents down and I will buy it back.

If we gain another 40 cents or so before I get it bought back, I will sell another load or two of what I currently have growing. Mine looks excellent but you never know about the quality until you cut it any more around here.

Bonpas SEIL
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