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| Both on here in Market talk and on twitter I have seen people that are always bullish before crop and livestock reports.I swear that if they followed their own advice they would be bankrupt. They don't seem to care that they are wrong 3/4 of the time,,and yet I hear others quoting them. If there are 5 negatives to a report and one potential positive they will carry on that the limit down move after the report is a fluke and all will be well tomorrow.
Years ago dtn had a lot of free trials to advisory services,,even some of the big companies seemed to "forget" about bad recommendations while boldly making new ones,,
I will never forget the look on Mark Pearson had when a weekly guest said to sell cash beans and new crop immediately because they were going to collapse but to buy all the bean meal you needed for the next year because the price was going to soar | |
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perma bulls and perma bears
