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| I'm saying that having a perma bull stance has paid very poorly since 2012 and longer than that in HRW.
Since that time, those who failed to reward rallies for what they were (minor pullbacks in a major downtrend) were severely punished.
I think the bear run won't get significantly worse in wheat because a LOT of pain has been inflicted there, more than the corn/bean guys can probably understand unless they went through a previous bashing.
I have very little confidence that corn is done punishing through. There has barely been any pain caused there. | |
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Basis FIRMING!!
