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Buxton ND | OOPHS I meant perma BEAR.... 1980 I have no positions on,,, board or bin,,, just been waiting for a rally to re-hedge new crop. I agree with you the charts,,, side-ways down-ward pattern ! ! ! ! But right now I'm more looking at money flows,,,this is the biggest bets by far the specs have made on corn this year........
So are they right ? ? ? IDK but i've learning to respect money flows and NOT BET against them..............................
Give us a bullish report Thursday and that spec money is gonna run with it for awhile.
A bearish report,new long on the wrong side of the market will make for a limit down day.............
The numbers I quoted were as of the close last Tuesday and anyone's numbers since are just a guess,this is one of times that knowing what the numbers where as of Friday's close would be VERY IMPORTANT. The stock market has a daily report,,,,,,,,,,,,,,,,,,,,,,,,,,, why not grains ???????????????
Then here's another thing in the back of my head,,,most are expecting a side-ways to lower market into spring/summer just like last year most are rarely right !!! | |
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7.50 corn next week
