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Buxton ND | Corn more ZCZ17 - new crop corn has rally from 3.58 to 4.04 why on God's earth if one want to spec trade any market would you buy AFTER nearly a .50 rally ? Ya it could keep rallying buying any market after a big rally greatly increases your chances of a losing trade. Your risk is high and your reward small. Think about that one for awhile.
One step farther would it not make more sense to buy the harvest low ? Grains do tend to make lows during harvest many years, this is probably where the term harvest lows comes from.
Corn
Beans
And wheat
Mr Market just absolutely loves those guys that get all bulled up AFTER a rally....................................
Gotta run sump pump troubles and the neighbors have pump troubles, earliest EVER I've had to mess with sump pump. | |
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Looking good to be long
