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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: jayt who wrote (24785)11/9/2006 9:40:56 PM
From: gcrispin  Respond to of 37387
 
Yes, I still have 1/3 of my share of the crop. But I probably should have sold yesterday. We'll see what tomorrow brings. Wheat commentary below

11-9-06: Markets are strange things sometimes. Today the USDA supply and demand report didn't have a bad thing to say about anything, plus the export sales report was positive in all directions. In spite of both those items traders decided that today would be a good day to sell futures. Chicago was down 16 and White wheat lost 5 cents. It's tough to trade markets that seem to defy all logic at times. Tomorrow looks to open lower but may finish on the positive side as traders look to cover their short position from today's action.