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Strategies & Market Trends : Grain Futures Trading

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To: wiley murray who wrote (119)	11/13/1998 11:09:00 AM
From: MJR	Read Replies (1) of 645

How high is up? For the near term I don't think too high. Lot going on in the world (Iraq is a potential big one) and I think that the overall equity markets may be spooked again.. especially if interest rates are not changed in the 11/17/98 FOMC meeting. Dow up about 20 now but not a lot of momentum over there. I think some of this "wait-and-see" attitude will spill into the grain pits too. Not a great start this a.m. in corn or beans.. although looks like a bit of a recovery taking shape.. Mike

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