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NE IOWA/ SE SD | I am only comfortable with corn (that is 80% of what I raise)
I bought 4.80 puts to protect my unsold old crop, and am thinking about selling them tomorrow depending on what happens. If it falls hard again tomorrow (below $4.54) I'll hold them as the only good trade I made. If it closes the gaps and makes the correction and jumps back up I'll sell them and buy corn to hopefully ride back up. I am thinking of putting a buy order in at $4.63 (with a trail stop at .10) a touch above the gap to be sure I get in before the big guys drive it up fast.
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Is anyone still bullish
