At the start of the week I asked if there were any bears out there , and CP asked if it was a joke. Who's the analyst your reading today?
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I believe you were refering to selling land.Which is a joke.
I dont need an analyst to tell me that this chart is a parabola.
It is a law of the universe as to how these type of graphs play out.
After we correct we will start to climb again.
I hope i'm wrong i hope we goto 30 and correct to 20.
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C.P.
Without fundementals... technicals go nowhere fast.
So the weather hold the trump card.
Hands Down... no question.
The Fundemental issue is... are we done the fight for acres for 2008?
NO WAY!
Now feed that into your technicals... being a bear now is suicide!
Won't happen till the planters are in the field in the US... and we get some winter wheat up and healthy!
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here here, dont sell out on cp just its the correcion we had to have
long term forecasts predict ave weather in southern parts of aust grain area and below ave for west aust that produces 40% of aust total
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