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Missouri | I have been thinking of that. I believe, I read that the fund traders are at record short positions. At some point they have to take their profits. To get out of these trades they need to get someone to sell so they can buy these short positions back. If they can convince us that corn is going to $3.00 and we better sell here, so they can get out of all these shorts. Kind of like what I have thought all along in the gold market. All those commercials to buy gold basically started at the high in the gold market. That was just so all those major long players could get out of the buys they had at back at $600 an ounce. Or am I completely wrong in this thinking? | |
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Let's grow up.
