Posted 10/15/2020 11:51 (#8547126 - in reply to #8547112) Subject: RE: It's Thursday, October 15th, 2020
It’s not where but more importantly when. Time is more important than price. Or it could be how? Gann Global uses a trailing sell stop 20% greater than the length of the most recent correction. So that is how I’m handling soy oil. I will parcel out cash grain for cash flow needs.
I have time and price target ranges on my other stuff but no one knows for sure where this is going you can only look at analogous years and crunch numbers in time and percent price.
I told everyone on here months ago how big China demand would be most still don’t believe it. It is akin to soviets in 1970-72 and China I think in 1996.