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Sweaty Palms
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SeniorCitizen
Posted 1/29/2008 07:17 (#295728)
Subject: Sweaty Palms


One quick glance at the MGE quotes, even though am not involved over there...causes my palms to instantly perspire. Being stuck in that market would be a nightmare. And, should raise the awareness that in these markets with small ending carryouts, wheat & beans, there is always the real risk of some short term problem affecting these markets either up or down & the risk in these markets has become huge; there has obviously been considerable producer selling all along and if for some reason pipeline supplies would slow...or unexpected demand surface or some transport problem in SA or too much rain as harvest approaches...it certainly indicates to me the environment is not one in which a person should overtrade. Need dry powder, always. Just too many risks.

Edited by SeniorCitizen 1/29/2008 07:18
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