Buy May Wheat

Discussion in 'Commodity Futures' started by Shagi, Feb 18, 2011.

  1. Shagi

    Shagi

    If you need further probable evidence see attached Corn / Wheat price and movement correlation. Green is CBOT Soft Red Wheat and red is CBOT Corn.
     
    #11     Feb 20, 2011
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  2. Shagi

    Shagi

    I got smacked there - out.

    Though my opinion about the direction hasn't changed neither technically I don't see much damage - I will wait to re-enter when and if the selling exuberance wanes.


    I wonder how much of this selling is due to geo-political events?
     
    #12     Feb 22, 2011
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  3. Locutus

    Locutus

    Well, as I said.
     
    #13     Feb 23, 2011
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  4. kanellop

    kanellop

    Hello Locutus.

    May i ask you this hour,

    why you say that the Wheat,

    it will go 600 Cents per Bushel ?

    Which is/are the Reason/s that you say that ?

    Kind Regards,

    George Kanellopoulos.
     
    #14     Feb 23, 2011
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