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| Sounds to me like some irritable old geezer thinking the fundamentals dictate $4 corn & $9 soybeans & got himself ripped a new one....quite a few of those boys around & miscalculated.....managed fund money spends just like the rest & if history is any guide...one of these years a bunch of it will soon self destruct. When this one we are in now goes over the cliff, and it might be soon, it could be like MPLS wheat, except in reverse. Some of these fund managers are used to New York markets without limits...a few days riding in that limit bus..and they may be revising their trading models much like the sub prime folks. | |
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Managed Funds Market Havoc Article
