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Im calling the low. tues or wednesday
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Big Ben
Posted 8/26/2024 23:11 (#10867804 - in reply to #10867701)
Subject: RE: Im calling the low. tues or wednesday


Columbia Basin, Ephrata, WA
Hayinhere - 8/26/2024 19:49

Not looking at charts,
just going off God given instinct, human nature, and history.

tuesday the 27th or wednesday the 28th.

Im already long physical, so I think a texas hedge is in order for now till mid october at least.

as soon as the elevators can settle their free dp bushels and absentee landlord bushels that they shipped long ago and need to settle this week, they will be bidding for physical grain again.

the 100+ late august temperatures that hit us in nebraska over. the past three days will be heading east giving everyone a different picture one week from now.  imho

it just feels like "kairos"


 






Earlier today I was about to start a thread titled “How d@mn many bushels did you guys have on DP?!?”

Idk why anyone would be selling at these prices unless they are stuck with a deadline to get sold. The end of August DP deadline is so widely known at this point that the traders in Chicago must think it’s like shooting fish in a barrel to be short corn in the month of August. Even in 2012 shorting corn in August wasn’t a bad move.







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