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Tip of the hat to the bean and meal bulls
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garvo
Posted 10/29/2014 06:03 (#4150070 - in reply to #4149806)
Subject: RE: Any Sales in the last two months have a loss ???


western iowa,by Denison
1234 post's says it all-talking to a whale and he pointed this out as my puts went to zero-he told me-I did not listen-1234 has it rite-all the hype on these beans was a good marketin for a farmer that does not play the board-my gut tell's me we will sell cash beans in jan,march and feb cheaper in that order
there was no way the professional seller's of Nov $10 puts were going to let 1,000 no vice farmers make any money on there puts-and the ones not smart enough to get out at 5cts-will find out get trapped on a open order nov board-hurts more
I'm so smart -I loss my 36cts on puts and then loss another $5k on a Jan bean contract-stopped out twice-I'm done tradin beans and going back to feeding cattle-less risk buying $150,000 pot loads of calves
that whale-he said pour another cup of coffee-there's more to come
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