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Strategies & Market Trends : Grain Futures Trading

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To: wiley murray who wrote (99)11/11/1998 4:56:00 PM
From: MJR  Read Replies (2) of 645
 
Beans look like they're ready to continue a jump.. great thread taking shape here with lot of experts who really know their stuff - and a pleasure to read too! Thanks for taking an interest in this thread!

I've (again) been away for a bit but should now be able to get back into my bean/corn portfolio and start trading again. Sorry I missed the beginnings of the bean runup.. at this point I may think that things are a bit overbought short-term and wait for the next pullback.

A nasty storm just left the midwest.. lots of snow up north and 50+ mph winds / 1-2" rain here in Chicago Mon/Tue of this week. Probably not the best of conditions for the last of the harvest. Reports are that huge piles of corn are being stored in the open on the ground as farmer's bins have long been filled.

Good luck.
Mike
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