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Hey MT good buddy
The scale up selling was working real good. The Put strategy works real good too. I really would feel poorly if the farmer reading SF didn't take advantage of these wonderful prices. I am saying this with real humility because these markets will humble even the most blow hards.
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Re: Hey MT good buddy
5 and 11 were too cheap......
Fyi corn issues spreading north.........have to trust me on this.......
Could see a pop in 10 days or so......we are at a floor here........but if you have a weak stomach......SELL.....
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Re: Hey MT good buddy
"We are at a floor here." Just not the top one yet..........
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Re: Hey MT good buddy
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Re: Hey MT good buddy
Charts would say 11 and 22......H/S with a LS complete.....head up.....neckline 525ish and 1125ish.......will we see it.....who knows....
This idea that a bull never sells is farse.........
Again 5 and 11 were too cheap......that's always been the point.....
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Re: Hey MT good buddy
$5 and $11 isn't so bad when you have had experience selling below $2 and $3. Yep I've been there and done that!
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Re: Hey MT good buddy
Yes kraft his chart looks different then mine. I must be looking at a different pattern then ol mt. MT flip your chart upside down for your H and S patterns, should be closer to the truth.
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Re: Hey MT good buddy
Kraft is dead on here I've sold corn for 1.46 just so I could put fuel in the combine. If you cant make money at these levels your crazy. That being said I think this thing is gonna go higher. Kraft is a smart man when it comes to money, just not politics. LOL
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Re: Hey MT good buddy
I think anybody with any experience has sold for the low amounts that you sold for. When I was a kid, I used to stack small hay bales in a hot hay loft for $1 @ hour. After I got paid, I thought I was rich because I had ten bucks in my pocket. Today, if you payed a kid $1 @ hour, you would never get them back!
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Re: So Mt
at $12.20 would new crop 2013 get your attention? Or is that far too low?