10-05-2011 06:20 PM - edited 10-05-2011 07:20 PM
Good evening all
SHORT DEC @ 580.75
- 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.
Dec trading at 607. Volume is thin.
Still at around 607. Very quiet.
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.