Nov canola

[cottonpicken]

You pretty much need to go back to 1970 to understand the situatuation,beans where near 10 in 73 and it was monetary policy that put them their and into there trading range till 07/08.

The break out was predicted by me on here.

[mbdog]

retracement into this range is possible. 1970...1980... does chart reference matter that far back? What matters is post 2007 when the rules seemed to change. 384-350 range at some time. Going to be now or leave for a later date?
Million dollar question I know.
Getting harder to talk down/ignore fundamentals. There was a time real fundamentals at least caused a blip on charts. Looking at Nov chart....its been sunshine and lollipops all year long. Its things like this that lead to producer disillusionment at ALL ages. Just sayin...
Got more canola in swath, so choose to do nothing for now.

[cottonpicken]

You may be right and i know the questions your thinking,and i have no answers.

I focus on macro,probably to much.

I do know two things,for a fact,even though knowing for a fact and is not true gets you in trouble.

-Grains are horribly under priced by what ever reference you can use

-The markets are extremely manipulated


Corn itself has broken the paradigm of my thesis.Not my resolve.

So,short term,we may be ****ed,and food is political,but the market is a force unto itself.

[cottonpicken]

Charlie,even though you stopped addressing me,some back 600 years,even a little volume and open interest for ya.did Lee ever find that old meteor car i think it was he was looking for?


http://chartsrus.com/index.php

[mbdog]

Cotton...lol. You framed it well.
I hope you find you're car.

[cottonpicken]

No seriously he was,i even looked for him

[cottonpicken]

Here it is,i was off,but it was a decade ago,swore he said car,but a lot of my old post's hit the trash bin.

https://www.agriville.com/cgi-bin/forums/viewThread.cgi?1103307591

[charliep]

Lee did find the Meteor 500. Rode in it. Pretty nice.

[cottonpicken]

Ya sorry it was this

https://www.agriville.com/cgi-bin/forums/viewThread.cgi?1180069270


What did you think of that chart page Charlie?

[charliep]

Thanks,

I have book marked the sight.

Sad to wake up to a wall of red every morning. Most of the crop futures market charts are testing technical support areas.

[cottonpicken]

Doug Casey is one smart guy,learned alot from him.

[cottonpicken]

http://chartsrus.com/charts.php?image=http://www.sharelynx.com/chartsfixed/CRB30YTB.gif


What is wrong with this picture?

Contrary to what farmers think,the 70's/early 80's was a rescessionary period of time in the economy.

High inflation,stagnant growth,but what happened?

Volker came in,jacked rates/or let the free market work in desciding appropriate yields,put the emphasis on saving.

That is counter-intuitive to ALL mainstream theories in today's world.

That chart only goes to 2007,draw that line down even FURTHER.

We are in ****ING no mans land folks.