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cropsey, il 61731 | Profit taking? Remember money is made going up or down and the market has pushed down to what it thinks is support (no news to drive it further). So, it's time to buy back the positions at a profit. When it gets near the top of the trading range we'll have a sell off. It's not going to $5 btw.
Chances are good that the next report will be bearish so why not get out of shorts, take some money off the table in order to get ready to go short again. Might be an even bigger opportunity on the other side of the report. | |
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Gap up in corn & beans and nobody knows why?
