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Call the high
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Illinois Steve
Posted 9/19/2010 20:54 (#1366228 - in reply to #1366117)
Subject: RE: Now IllinoisSteve


North Central Illinois
I really have no idea what the high will be. I've seen a lot of guys lose a lot of money trying to pick the high but settling for something much lower. All I was really saying was that if areas that have been predicted to have big yields actually have them I don't think that can be construed as bearish. There may be a knee jerk reaction at first but I don't see it being the stopper of a bull market. Something has to and will stop it but probably not that. Markets go up and markets go down. Who cares what the high is as long as you are lucky enough to get a piece of the pie and make some money? Honestly if I had to take a WAG I would think this thing has maybe another twenty or thirty cents in it. But who knows? I thought a couple of weeks ago that the market was getting horribly overbought. I still think it is but you don't fight a trend either. A good correction right now would be healthy for this market and set the table for a higher high. JMHO.
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