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5-day Island on Corn, thus far.
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Mlebrun
Posted 1/21/2008 23:20 (#289280 - in reply to #289135)
Subject: Re: 5-day Island on Corn, thus far.


SW MN and Gold Canyon AZ
It will be interesting to see if there is follow thru tommorrow morning. I will watch the day trade charts closly especially around 10 oclock when it seems selling dries up from the opening.
We have already moved I think a dollar on beans from the high.
Have to look up my old books on volitilty option trades. I think I used a butterfly option spread trade years ago (1996) with some success.
The last time the dow made a BIG move down in one day it was a bottom for grains,seems that was last summer??Aug??
This market will be REAL volitile. Volitility can be predicted better than direction.
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