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CottenPicken

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    #11
    Jaymo, EXACTLY. I say to that we will push some new highs, but like you said if you can't nail it down when this will happen, no sense posting, as there are to many variables that can alter a forecast from 6 months earlier.

    Only one more day to hit 400 Canola this week.

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      #12
      I would've to agree with Snappy on this one.

      What is the point of making a prediction, if when it is time for that prediction to be true. The plan was "skewed" LOL.

      In that case I predict anhydous to .75/lb by Spring.(but is that the spring of 07,08,09....) Also when did the US $ hit .72 in the last 3 months???

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        #13
        We have a saying in the forex market:

        Give 'em a rate, but never a date.

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          #14
          So you guys are saying there is a chance I might not get 12.00 Canola.I guess I cancel the order on all the 5030 I booked.

          Comment


            #15
            Would you like to know what i was doing jan 14 2005.I was here i said the words,gold,oil,copper,uranium,etc,etc.

            January 2005 prices:Future price
            Gold:435 730
            Oil:43 78
            copper:152 416
            uranium:21 72

            Then i talked about how ag commodities will rise,and now they are.
            How was i able to do that?
            Did anybody else here do that?
            If i did that then am i capable of doing that now?
            If nobody did it before are they capable of doing it now?

            Step up snappy prove yourself.
            What do you see in 2 years time?

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              #16
              Jay,tough,chaff,nfu please tell me where and when you have stated anything before the fact.

              You are all just as likly to "guess" 6 dollar canola as 12.

              Comment


                #17
                I can't prove myself, neither can you.

                You want my predictions over the next 2 years. Here they are.

                1)Oil. I believe Crude is on the way up. But not until the fall. Then I think we could see new highs. But until then I'm Bearish on oil. Now that is what I see happening based on what I know today. Now If tomorrow Bush enters Iran, then that's a different story

                2) Wheat. I still project wheat by summer to hit $6.50/bus Kansas, I'm bullish Wheat. Two months ago I would've been predicting 7.50 Wheat, but now I don't feel the numbers are there. Simply because Wheat follows Corn, and I don't think Corn is as strong as I did a month ago.

                3)Corn. I believe Corn to stay strong. When I say strong I don't believe we will see $5.50/bus like I once did. If we see 90 million acres of Corn planted next Spring in the U.S. that is a significant increase. I think in 3-4 years we will overproducing in the ethanol department. And also if Crude corrects like it will, ethanol isn't as attractive. But I do think $400-$4.50 is going to be the norm for the time being. If we have a weather scare this summer, then I'm bullish Corn once again.

                4) Soyabeans. It will be interesting tomorrow what the USDA says, I think Bean stocks will be lower, I'm very bullish long on Beans. I believe July Beans could hit $8.50/bus mid summer. Depending on Brazil, and Argentina. Argentina's crop right now is in crucial stage. They are dry in pockets right now.

                5) Canola. I think Canola come summer has potential to hit $10.00/bus. But this is all going to depend on the Beans in the states. Like I said earlier the U.S. seeding intentions come March 30 is going to be the deciding factor in all of these markets.

                My predictions for the USDA tomorrow is this.

                Bean stocks will be tighter
                Corn stocks to remain the same
                Wheat to stay the same.

                I don't expect any suprises tomorrow.

                Cotton I can't predict the future. I believe unless there are some problems in other countrys this summer I think this is as good as it is going to get.

                I do believe some of your predictions are unrealistic.

                $15 Canola
                $9 Wheat
                $6 Barley
                $4 Oats

                Those were some of your predictions. I believe they're are high.

                Those are your opinions, as these are mine.

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                  #18
                  O.k then now we can have an intelligent debate.

                  I do not think oil is staying down for long.Its simply to important.I see major moves upward.Iran is looking like a go.The alternative news on the net is far superior than the mainstream stuff.The movements of amerikan air craft carrier strike groups are the thing to watch.lots of movement going on.

                  Steel and copper have finally corrected after a beautiful run.The grains and oilseeds still have room to move imo and their(major) correction is some time off.

                  The u.s dollar is fubared when it breaks below .80 look out.
                  What is about to happen to the cando will probably surprise everybody.
                  It and gold are gone.

                  IN MY OPINION NOT INVESTMENT ADVICE DO YOUR OWN DUE DILLIGENCE

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                    #19
                    This discussion illustrates why it is so much better to have everything centrally controlled.Then some expert,who has nothing invested but is given an important job because she is a loyal party member,can make all the decisions and you can pay for it.This saves you having to inform yourself AND if she has a monopoly she can tell you that she has made all perfect decisions and you will believe.This would be an ideal system and like achild you would not have to think or discuss.Just obey.Sound familiar?

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                      #20
                      Should warn you Lee is an old hockey referee. He'll put both of you in the penalty box if you're not careful.

                      Charlie P. I can't believe that you called Lee old and have gotten away with it. I would have thought you would have felt the binder whip by now.

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