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Buxton ND | For starters we're NOT any where's near all time record shorts in crude, roughly 200k from.
Will compare corn to crude again, the Santa rally and the rally this summer was done on short covering.
Rallies will be capped by longs willing to sell at less of a loss.
Whether its corn or crude we have yet to see fresh new money (NEW LONGS) entering (buying)
Now I'll put a case of beer we will here "Funds are buying crude" easy to get bullish listening to the "headlines" but these "headlines" have not panned out will for grains. | |
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Near Record Crude Shorts running for cover..???
