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Chart damage?
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jpartner
Posted 8/19/2013 18:48 (#3276473 - in reply to #3276388)
Subject: Re: Chart damage?


Hi don,

donmoffat - 8/19/2013 17:04 jpartner post a monthly corn chart and show me the bear market, looks like a correction in a bull market to me,

I totally agree - its a pullback in the major trend.  But there are very few here that can market their grain based on a monthly chart.  That could mean hold several years crops.  And in this case, there are way more things at work here than just the trend, and I would suggest, it will likely be the other side of 2016 before you see anything approaching new highs....but I would be glad to be wrong!

Take Care and Good Luck!

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