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| Starting last fri, and then tues and weds, we saw the bean market bull spread of old vrs new crop collapse. Tells me that some very large positions are throwing in the old, and have to buy the new to get out. My memory is that many times a huge correction will be on it's way within a week of the start/fri. Of course maybe this bull might not perform as normal.
JMHO
Edited by Clarence NW IA 2/21/2008 13:19
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Caution on beans?
