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blu
Posted 10/2/2016 15:51 (#5560210 - in reply to #5559789)
Subject: RE: Corn




Corn Farmer -

looking at Weekly May 17 chart - The HnS target projects near 390

This also happens to align w/50% of the down leg ( 455 to 332 )
which is 393.5 - so two targets in the area.

March trading at 7cts lower so Target may be near 383. (didn't figure it)

I'm poor at timing -
but thinking Chrismas at min -  or Jan-Mar planting carrot rally.
I think any weather could push us higher then 400 into Spring,
maybe 450 if problems actually materalize.

Should actual drought sneaks up on us - and
We don't mention it here on AgTalk,
maybe we can enjoy a decent rally.
lol


like I said - guessing here - maybe Fry or some one smarter at timing
can help us out.


Thanks

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