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Soybeans
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Rich in Mo
Posted 4/23/2010 22:08 (#1171847 - in reply to #1171391)
Subject: Re: Soybeans


I know marketing is a lot more successful for me when I pay less attention to funnymentals and more on "charts". Any news is old news----charts signals and techs sometimes give a heads up things are changing before the "news" is ever known by the average person. Charts are a read on human emotions and reactions and there is repetition in how humans react----therefore chart patterns become recognizable and can give indication of things to come way better than just a guess. But different strokes for different folks. When futures change direction and rally like beans have, the known fundamentals usually haven't changed, and thus everyone is at a loss as to why and miss out.
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