|
| Euphoria & Despair are close friends...greed & fear....this market has advanced beyond my objectives and I can assure you I did my homework. But, the deal is also changing, I'll be the first to admit that....Probably a cowardly attitude, but I am just uncomfortable with all the bull talk...I have learned, in my trading, to watch for opportunity when folks are vomiting positions due to margin pressure and anguish...normally, looking at the attitudes, I would be an aggressive seller..but is not my style of trading as this is a historic market and I don't like to get bear positions on when we are not yet even into the growing season....what bothered me this last week was the corn...I bought corn at a higher price ever...we will have a large carryout of corn.. I thought to myself "what am I doing here?? and while these funds might continue to be large buyers...they do, someday have to exit....I am stand aside until people cool off. | |
|
Market Pullback:
