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Mizzou_Tiger
Senior Advisor

09/10 repeat

There are similarities starting to appear.

No two years are alike.

We are due.
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10 Replies
ihtractortherap
Senior Contributor

Re: 09/10 repeat

What happened in 09/10
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timetippingpt
Honored Advisor

Re: 09/10 repeat

Do you really need to ask IH...it is mizzoukitty...it must be a bullish reference.

 

Data on the swings in nearby futures...

Low-9/10/09 @ 3.00

Epiphany High-1/8/10 @ 4.20

Low-6/10/10 @ 3.35

High-6/10/11 @ 8.00  Yes, almost exactly 360 degrees away from the low. That was an easy high to manage.

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ihtractortherap
Senior Contributor

Re: 09/10 repeat

Nothing in 09/10 to get excited about.
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clayton58
Veteran Advisor

Re: 09/10 repeat

Time, I think you might have let the cat out of the bag,so to speak
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roarintiger1
Honored Advisor

Re: 09/10 repeat

I will agree.  We are due.

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JimMeade
Veteran Advisor

Re: 09/10 repeat

The basic question is always the same.  How do we market using this information?  Where do we put our money?

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sfrms
Contributor

Re: 09/10 repeat

Compare carryovers of those years to our huge carryovers, If your a grain buyer, why bid prices up?

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ihtractortherap
Senior Contributor

Re: 09/10 repeat

No reason at all to bid up right now!
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timetippingpt
Honored Advisor

Re: 09/10 repeat

Everything is in the eye of the beholder I suppose.

 

Stocks now are virtually the same at 2009. 

2009 stock/use carryout = 13%    1.75 Bil

2017 est @ 16%  2.35 Bil

 

About as close as it gets. S/U was much higher at 20% in 2004 right before the biggest bull in history.

 

One key difference is that in 2009 the global economy was clinging to the edge.

In 2017, the global economy is on fire.  (might have to give Trump at least a little credit)  🙂  Sorry

for my off color remark ....

 

Bottom line is we have to grow another record crop every year. One of these years it won't happen.

I kind of like the 30th anniversary of 1988 as a good year for it happen....  2017 has been pretty

similar to 1987.... so far

 

 

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