sw363535
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06-29-2012
12:02 PM
interesting morning in trade
Not sure it will be a norm, but it was interesting to see the e trade this morning had the overnight trend still going and reacted to the usda report moderately without a "knee jerk". Maybe the reports during trade will moderate the importance of the usda computer modeling (from somewhere in air conditioned/no sunlight offices).
If it makes these reports "just another bit of information" it will be an amazing improvement from the hyped up carnival atmosphere of the last few years.
We will see-------anyone see it that way or did I work through the party?