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San Diego | there you have it, the fed hikes and DX struggles at 98.25, not to mention the massive resistance at par (100.0)
corn and wheat were overbought, will be looking for the spot to buy 'the bulls get Christmas' since the bears got thanksgiving. love the old trader adages!
argentina rumored to devalue currency this afternoon, plus negative china news about lowering imports, and the producer biodiesel credit failed the senate, all making for the dip in the ags.
crude oil the next big money made will be the long side, 33 was the low after it went to 143, will easily hold that.
cheers! | |
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Crude Oil and the Woodshed
