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Mascoutah, Illinois | Monday!!! I think buy the rumor and sell the news on a Republican victory in the House and maybe a 50-50 split in the Senate. I would expect the dollar to rally on this scenario. However, if Ben keeps his hand on the PRINT BUTTON throw that theory out of the window. We are due for a good cleansing in grains and this may be the excuse traders are looking for.
KEEP IN MIND, THE BUSH TAX CUTS ARE SET TO EXPIRE IN TWO MONTHS. IF THEY ARE NOT EXTENDED, I HAVE TO BELIEVE TRADERS, FUNDS, AND HEDGE FUNDS WILL TAKE THE GAINS AND EXIT ALL AT ONCE BEFORE YEAR'S END. I WOULD START UNLOCKING THE BIN DOORS TOMORROW BECAUSE I BELIEVE $6.00 CORN AND $12.50 BEANS PAY THE BILLS.
We will see how hungry this bull really is based upon this weeks price action.
JUST MY HUMBLE OPINION AND THESIS BASED UPON HOW I THINK THE STARS ARE GOING TO LINE UP.
Edited by djmcountryboy 10/31/2010 21:53
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When to unlock the bin doors?
