Well, I am in a fix because I did not respect the technicals. Sept. 14, new high, closes lower, called an OOPS. Next day closes lower, you have 2 day confirmation a top is in. We should have sold with both hands. But I didn't because I did not trust the technicals. Shame on me.
Now for the good news. We probably won't go to the old highs, but we shold bet a chance at a buck up from here. Lets face facts, lower grain prices do not encourage rationing, duh! When this market finally finds an intermediate bottom and starts going up to the classic retracement levels though, I will find courage.
Signed, Rusty the Lion.
Now for the good news. We probably won't go to the old highs, but we shold bet a chance at a buck up from here. Lets face facts, lower grain prices do not encourage rationing, duh! When this market finally finds an intermediate bottom and starts going up to the classic retracement levels though, I will find courage.
Signed, Rusty the Lion.
Comment