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| Just listened to a segment by Arlen Suderman. Sb inspections are very strong, SA crop looks to be getting still smaller, and our carryout was already small. There may be a billion(BILLION with a B) bu coming off the SA crop yet. We don't have that kind of carryover. It looks to me like the funds are fading these markets at new highs and profit taking. We have been having a pattern of lower towards the end of a month, then higher when the "new" money cmes in after the first of the month. How many longs are the funds getting out of? What happens if(when). Te money spigot turns back on the first week of May? I dunno, probably wrong but, this looks like the setup for a monster rally. | |
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Setting up for a strong rally in beans?
