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Fear and panic like i never seen here before
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redoak
Posted 7/25/2013 21:54 (#3229621 - in reply to #3229570)
Subject: its old school this week


deep SW On.
Maybe its not different this time like everybody thought , we have had a pretty long bull run in grains....in the past when we had bull runs they where locked limit down for days when they crashed.....thinking it was probably around '89 when in July Ferruzzi (sp?) was cornering the soy market and CBOT issued an order that they had too liquidate 10% or so of there positions every day until they where down too something like the 3 mil. bu. limit on traders...like carters embargo you don't get over that in a few trading sessions..... as farmers we should try too just step back for a few days-easy too say-hard to do..........this is when you wait too sell something to pay a note that is due and you get in a forced sale
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