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"I think I might be late for curfew."


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I think we finally have the grain bottom today.

 

Washout day.

 

Corn blew out stops below 2.00 down to 1.97 but now is back up to 2.02

 

Wheat blew out stops below 3.00 down to 2.97 but now is back up to 3.07

 

Beans still down hard but that's mitigated somewhat by yesterday's rally.

 

I expect more sloppiness and shakeouts but basically the bear move is over, the big risk now is to the upside.

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13wk t-bill 1.65%

has never traded near 1.75% since the fed "raised rates" last

looks like a rounded top

 

lot of money betting 1.65% is worth being "safe"

 

wonder what "they" are worried about?

HGX implosion

i'll be short hgx when it breaks 344 - not until

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mining stocks buying opportunity

 

still holding CDE up almost a buck and sold covered calls so holding

 

closed out WHT with small profit, starting to panic already fearing won't be able to get my position back at a lower price, not comfortable being in cash (dollars!) but hoping for more of a correction here

 

plan to get some BGO and PAL on the dip

 

don't know how long I can restrain myself :shocked

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mining stocks buying opportunity

 

still holding CDE up almost a buck and sold covered calls so holding

 

closed out WHT with small profit, starting to panic already fearing won't be able to get my position back at a lower price, not comfortable being in cash (dollars!) but hoping for more of a correction here

 

plan to get some BGO and PAL on the dip

 

don't know how long I can restrain myself :shocked

I sold half my miners the other day when Doc said it was toppy. That way I'm guaranteed to be wrong whichever direction it goes -- either I shouldn't have sold, watching it go up, or I should have sold it all, watching it go down.

 

Now I have the opportunity to be wrong again, by buying too early. Or too late. :P :lol:

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I think we finally have the grain bottom today.

 

Washout day.

 

Corn blew out stops below 2.00 down to 1.97 but now is back up to 2.02

 

Wheat blew out stops below 3.00 down to 2.97 but now is back up to 3.07

 

Beans still down hard but that's mitigated somewhat by yesterday's rally.

 

I expect more sloppiness and shakeouts but basically the bear move is over, the big risk now is to the upside.

Yeah, this group is "as bad as it gets"

 

I went long a bunch of food and agricultural stocks the other day......

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From Stooltrading

 

FWIW I use Doc's cycle's in my trading and have found it especially useful for my swing positions that I hold for 1-3 weeks.......it has helped me trade less on emotions and more on the signals.......I'm a bear at heart, but know the market does not go down in a straight line, when Doc indicates a cycle low I have learned the hard way to take heed. It's too bad more stoolies don't take advantage of Stooltrading and the Anals, well worth the price. Many tanks Doc for all your work. biggrin.gif
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palladium stops at 220 blown out, but back above now

 

silver stops at 7.00 blown out, but back above now

 

to me today looks like a big commodity shakeout day

 

with weak hands gone, it's almost time for the moonshot launches to begin

 

cotton shaking out a bottom too

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Guest bullseatshitndie

they going to try to run buy stops over mid morning highs. lets see what they got. if prices fail there, going back down to the lows of the day

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