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| I don't know much, but this action feels like shark bait. I'm with you in that it feels like a bottom, but if it were truly a bottom, we would not of hung down around here for as long as we have. Some saying oats know, but isn't that a thinly traded market? What better for fund boys or your HFT boys to play with a thinly traded market that people think is a telling sign of corn and beans to draw buying interest, to only turn around and smash it and pick up the profits in corn and beans. Because it feels like the time to buy these, it is not the time to buy corn and beans. Just an opinion, no facts.
(Im short corn as hedge and open beans)
Add: David ecpa posted his wave charts and had 3.65 in December of his target for a wave, from which we will head lower, if I remember correctly. Looks like we hit it and bounced a few cents. Onward down?
Edited by GOMSK 11/19/2015 13:24
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