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Optioneye......July 22
Good morning.
You can't keep a good thing down. The market here in Chicago has been very resilient as of late. The crops in our area look preety good for the most part but I think we have a Macro/Demand issue on our hands. Today the dollar is weak and weather everywhere expcept the U.S. is the talk of the floor.
Beans are called 8 to 10 better with corn 3 to 4 better and wheat is 10 to 12 better. The weak dollar will definitely help to keep things on the plus side this morning.
Good luck and great trading.
Scott
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Re: Optioneye......July 22
Hi Scott....... I hope that you are getting the volume in the options now as this markets are showing a little life lately...... People sure seem to have underestimated the demand side of this thing for sure..... IMO..... this just shows how we can not look out our back yard and make conclusions....... We need to know what is going on around the world....... Something that I do not think the US end user has grown a-custom to yet...... p-oed