|
central nebraska | ok, newbie here......be kind.
I've been reading that we have/have not hit the bottom because of price x(usually referring to 2009). To the chart guys, why not? 3% inflation in 5 years on $3 corn is about 50cents. Supply and demand is king, but at some point a commodity, regardless of price, looks attractive and cheap in todays market.
The highs are never as high, and the lows the same. At which point do we see a high volume market become undervalued, and see a correction due to speculative trading? Is that our current market?
IMHO, thats what we are seeing today | |
|
market correction
