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Evening Trade 10/5
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10-05-2011 06:20 PM - edited 10-05-2011 07:20 PM
Good evening all
CURRENT POSITIONS:
SHORT DEC @ 580.75
RECENT TRADES:
NONE
- clearly at a loss in current position, but it is small and I am leaning towards adding short positions anyway. will hold on to it for the time being.
- the upside here is limited IMO.
- dollar has taken a breather but will continue to strengthen based on what I am seeing out of EU. Congress is now beating up China on their currency as well.
1920 ET
Dec trading at 607. Volume is thin.
2020 Et
Still at around 607. Very quiet.
Re: Evening Trade 10/5
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10-05-2011 06:47 PM
I'm long corn from 6, long wheat from 620. They both gave me buy signals this morning. It's not giving me a signal but I'm contemplating buying the beans. Soybeans have a tendency to make a bottom in October, and I'm wondering if this is it.
Re: Evening Trade 10/5
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10-05-2011 07:23 PM
Well I would wish you luck but hey-


