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Corn Charts posted
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blu
Posted 10/11/2014 12:07 (#4120106 - in reply to #4119902)
Subject: Bean Charts posted



Beans Nov  Daily + Weekly continuation

@ http://tinyurl.com/3x5hyh2

Chugger's Chart Site

Monthlys on site -  Bigger pict is important at these levels, imho

Note: After doing the Bean charts  - I became depressed myself.
Maybe I posted my earlier reply to "Hope is over"   too soon.

I dont particularly  like the look of the longer term charts - like Monthlys and Quarterlys.
I do think it may be some time befor this thing turns good again - like several years
We may have to learn to live with 5-8-10 $ beans for some time
When one looks what is happening in crude - energys  and Dow -
We could be witinessing a major  turn in our economy -
which could result in lower prices for some time.
After all it's been a pretty good ride for many lately - both in and outside of Ag.
It may still be time to get our "financial house" in order

 

I hope my read of the charts is wrong and we all continue to enjoy the prosperity

 we've tasted recently.

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