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| There's just no way to read or play this market till the guys in washington resolve there issues. If they don't the cash will continue to the sidelines between now and New Years. Hedge funds are getting calls daily from investors would rather cash in at lower rates and want out since the election. Fund liquidation is across all sectors and will remain so till something is done. If the last 8 years tells us anything congress has little interest in resolving this thing before New Years. If we wake up some Monday am and find out they have a deal that makes sense then look out the bulls will stampede. It's just figuring out how low we may go before that. The drought maps show us its still bone dry in the corn belt And that will get play come jan-feb if things don't change. | |
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Thoughts on today's bean close
