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Nonsense Rumor - (Referred to Below)
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getitdone1
Posted 2/6/2008 19:56 (#302989 - in reply to #302937)
Subject: RE: Nonsense Rumor - (Referred to Below)


As I've said before: One day does not make a trend or a bear market.

The big demand for corn is in tact and so are a lot of unknowns regarding ability to meet that demand.

When markets get to high levels they often whipsaw over a large price range. Great emotion moving market both ways.

I am not big on trendlines but beans and corn have to come down a long way to get to their major trendlines, let alone break them.

If farmers would hang tough with their stored grain these markets would be sure to keep going up.

There are no certainties in the speculative markets so it's possible the time to sell is now.

Don

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