Marketing "Slaughter Tuesday"

[agstar77]

In other words funds have taken profits . Waiting for a pullback to buy back and the cycle repeats. No basic change in fundamentals.

[Mjolnir]

Charlie, are you suggesting that we could see similar
moves for canola this year?
Or am I missing something?

[btjadenlepp]

Sign me up for that course and send me the
dates.

[parsley]

charliep,just provide me with the flight number and departure date that you will be taking; I'm in.

I haven't heard a word from Lee. I believe he has disowned me ever since I offerred to drive his car...... Pars.

[charliep]

I don't think the same set of fundamentals are in place to push prices to
the highs of 2008 but could be wrong - lots of stuff is going to happen
over the next year. Just highlighting the monthly trading ranges and
volatility that was in place in 2008. A mentor (Les Lyster for Albertans)
told me stable prices equate to low prices. High volatility occurs during
high price periods. Suspect that a person that admits they can't call this
market and from there sets disciplined pricing targets/acts to sell some
will be as well off as anyone and likely won't get the ulcers. Have a couple
of signups already for the marketing course - likely some learning to be
done here.

[agstar77]

Taking a course in criminology would be more useful than a marketing course. The boys that move these markets don't play by your marketing rules.

[CeePen]

The funds took their profits, did they? What stopped you from doing the same? Establish some stops under the market and you'll be as smart as they are.

[CeePen]

And don't forget, you can thank the funds for helping drive the market higher too. They've been much bigger buyers of canola than they have been short.