| donmoffat - 11/23/2015 05:38
again all this from a guy who never paid up on a bet we had last year, 50 cent moves in corn and beans is nothing, I disappear because it is the same people on here that just love to hear themselves talk, if anyone here thinks corn and beans are not a buy your nuts!!
Not taking sides here. Just making an observation. This market tank occurs EVERY YEAR at this time. Have you ever heard the reasoning for the heavy fund sales is that "everybody wants to buy the GI Joe with the Kung Fu Grip", (taken from the movie trading places) well think about all of the psychological parameters of the herd, (human beings). Feeling the need to provide a joyous holiday season for their families, coupled with a sense of urgency to lay in provisions for the winter, and for tax purposes try not to show too big of a loss at year end. It ALL adds up to Sell....Mortimer!!! Selll!!!. January 1st... New Year..... all things have promise...... time to buy!!! As for prices I am looking at the $4.25-4.50 range on corn and $9.50-10.50 on Beans. Godzilla El Nino affects weather in SA and then US, WWIII??? All bets are off! |
The open
