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South Central Iowa | At this time of year, it is unlikely a long position in this area will not come back into profitability. What's more, say we did fall to $9.50. I could quadruple my holding there and end up aggregating around $9.75. Do you think July will break $9.75 this summer even if we pull back to $9.50? I don't even question it. I also have a tendency to make short term spreads to capture the other side. But really, at this time of year, I am not a big believer in tight stops; especially if I am going with trend and seasonalities. The summer volatility is a whole other matter. | |
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