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hardnox
Advisor

The problem is the big spec bean long

Well, the immediate problem is the weather models although hanging on and hoping that a 16-30 day model holds steady is not likely to turn out well as often as not. And....it generally rains sometime.

 

So we'll trade model run to model run for a while but there are leaks springing in the dam.

 

Could actually make a very significant low even before anything is 100% made if they get forced to liquidate wholesale.

 

Remember.....they were your friends when they were very short into early spring and pushed the market sharply higher first by short covering, then by going long.

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elcheapo
Veteran Advisor

Re: The problem is the big spec bean long

the chicago crowd ain't my friend

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