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| Now JP you're not being very nice. Lol! I'm sure you're a fine fella, actually before I die I'd like to visit with you personally some day. I bet we have more in common than you think.
Not sure about the 2012 comment. Major drought equals high prices. You say price knew ahead. We've had this arguement before.
I think the setup was there. The big money, algo traders etc.were well positioned when the fire was lit. Did they know a drought was coming,? not necessarily, however the structure was there for a fairly large move up. The extent of the move would not have been there without the drought.
Why did the move take place? Because the sellers were bled out ahead of time.
If we knew some of the mathematic formulas that are used by the mega traders it would blow our minds.
Anyway doubt many were sure where the top would be, they just went for the ride. | |
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After being bullishly wrong the past 2 years...
