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S Mn | Is there something going on in the grains or is this just simply some position squaring before the report? It has a different feel to it this week to me like there is some news that only some know that has given us the strength. We have not been up allot by any means but in my opinion we were lucky to be showing any green on the screen the few days of the week with the china issues and our own stock market getting beat up. Are there even any bullish issues that can come out of the report? Seems everyone is so confident that there is no reason to be alarmed with the large grain stocks around the world and a big south american crop. Could we possibly be over done to the down side and finally be running out of bear feed? Maybe he is just full and needs a nap. I am having trouble figuring what we are gonna have to feed the bull to make any upward progress either.
Cornbore is right we have yet to take out the lows even with all the negative news. Maybe this trading range is just what the new reality is? 380 on the top side 340's on the bottom side and we just keep bouncing around for a while till we get a real direction?
For the record I got allot of grain in my bins ALLOT, Just so Ray knows i know what i want for it but nobody has been able to give me what i want yet. Whats a guy do just cut and run or just wait longer. I have been down that road before of wait wait wait and u finally throw in the towel and then like clockwork the market rallys. Maybe i should just unload a little bit for rally bait. Ill stop rambling now. | |
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Something happening or just squaring up before the report?
