Friday October 23rd 2009
Good Morning !
The December Corn continues to rally trading at 410 1/2 as I write.The range is 411 3/4 to 403.If you can laugh at continued Global Warming and rain you will have a education why are cooler than normal temperatures continue to hamper harvest. This will lead speculators and funds to participate in this market. Hopefully the government will not worry about position limits as they do on Global Warming !
Energies are looking at the Dollar trading sideways above $80.
Has the market topped out?
Or do we have another leg to the upside?
Stay Tuned !
Have a Great Trading Day !