East Central South Dakota | I have said many times " the function of the market is to hurt as many people as possible" and it is done by money flow to the dollar amount a peon like me can't comprehend. I see this as a pretty bullish report based solely on the numbers. Now throw in the fact that a lot of smart people thought it would be bearish--------and we only rallied 20 cents. When the funds were buying we would have been up the limit. The funds have made dollars selling this down and seems to me they aren't panicked at 20 cents. It is all about money flow ---not usda numbers and the big money didn't try to run for the doors all at once. Can they cover in a calm an organized manner ? ? Might take an announcement from CHINA that they LOVE all our corn to get the funds to yell fire in the theatre of commodities trading. We are still definitely range bound.
EDIT ------need one more event to start a stampede for the exit.
Edited by white shadow 1/10/2014 16:56
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Only 20 cents
