|
| Read there's a rumor on the floor that the Ethanol Mandate might be postponed for 2 years.
Another trader says that's impossible because only the secretary of agriculture can make that kind of announcement.
We are in a good market climate for lots of rumors.
Have to keep remembering that genuine pullbacks are healthy for a bull market.
Markets get too extended/overbought and the smart players want their profits while they exist and also reach a point where they will not buy into an overbought market. Takes dips to bring in smart buying.
Some large and smart traders sell extended markets and sell short at same time. Double whammy on the market. At limit up or close might take some guts !
Don | |
|
|
ag traders day ??
