Posted 1/7/2008 21:48 (#278223) Subject: ok im covering 1/2 of my wheat short @ 899 1/2 AH
beans are still irrational, and if this starts moving much higher into the crop report on friday, it will be tough to hang on to all shorts. i still think their will be fund selling after oil got whacked today. its currently getting walked up after hours.
british pound down to 1.96's more to come
euro still clinging
oil down over 5+ off highs
we are in a recession as of now and the numbers wont confirm for months.