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  1. countryBoy641

    Got Wheat ?

    Weat (like the rest of the AGs) on a total tear. en fuego. Weat bidding to move higher. Same with CORN In fact so many great chartists right here, everybody here must be making a total killing.
  2. countryBoy641

    Cathie Wood of ARK Invest says she still expects to see significant returns over the next 5 years

    "Bear Market for innovation" ... CW Whatever. But we also have a roaring bull market in censorship, and the censors don't seem to have any interest in letting up. Short and simple, you don't get waves of innovation when censorship is reaching new highs. Whatever Cathy Wood is smoking pass it...
  3. countryBoy641

    WHAT price will wheat go up to?

    Geez, Cathy Wood pays giant money for Peleton, and the company makes treadmills that can suck little kids into the rollers. And people say "Wow, this thing is great. How much should we pay for that stock"? Or Leon Musk, makes these electric cars that taxpayers pay huge subsidies for. Anybody...
  4. countryBoy641

    Sugar, gonna turn up?

    Sugar cane looks to be finally making an obvious breakout. The earlier breakout was subtle, invisible to those not skilled in markets. (most of the people here) I had also posted the huge breakouts coming in other AGs, probably beyond the comprehension of most of the posters here. Hubris is a...
  5. countryBoy641

    This forum

    Yes, that is an excellent plan. I too am retired from financial services. I have found that swing trading is critical for the reasons you have already cited. I tell my Doctors markets are like a giant chess game that never ends. Most of them immediately understand. We currently reside in a 55+...
  6. countryBoy641

    Crude, needs to take a knee?

    You people are a bunch of little girls. I am not going to post anything to further you doing that.
  7. countryBoy641

    Crude, needs to take a knee?

    Yes Yes, I certainly know what leverage is and how it works. But a trader only needs leverage if he is doesn't think he has enough capital. I'm not in that category.
  8. countryBoy641

    Crude, needs to take a knee?

    I'm not a daytrader, probably because I don't have to be. But also because I don't want to be a day trader. It's too hard to guess every little giggle. But this is my guess for where crude is going next several weeks. It hasn't even broken down yet. 38% retrace is $82.80, and that would sit on...
  9. countryBoy641

    Crude, needs to take a knee?

    I don't trade futures because I assume its in the type 1 account (margin), not in the type 0 account (cash). I don't want any interaction with margin clerks. I think you are aware they can do whatever they want. The house rules. This business is complicated enough. I know a little bit about...
  10. countryBoy641

    Crude, needs to take a knee?

    I am not on your payroll. And you shouldn't hurl insults at somebody you are asking questions.
  11. countryBoy641

    Crude, needs to take a knee?

    Day traders also pay short term cap gains rate, same as regular income. Maybe you haven't figured that out yet.
  12. countryBoy641

    Crude, needs to take a knee?

    Do you people here take "Rudeness Pills"?? There's a few decent posters here, but not many. You know nothing about me. I was posting here years ago, but went away, maybe for good reason. Maybe I should go away again. And arithmetic charts are for day traders, which I am not.
  13. countryBoy641

    Crude, needs to take a knee?

    I think so. Small pullback.
  14. countryBoy641

    What are you going to do about inflation?

    That's a very vague way of describing the problem. Which is ... The U.S. Treasury is swimming in debt from all the crazy give-away" programs from the past 90 years, which helped all the professional politicians get re-elected. These "give-aways" are really Ponzi schemes. In case you haven't...
  15. countryBoy641

    Latest nonsense fromKrugman

    Krugman is part of the problem, CAN NOT be part of any possible solution Learn to Stop Worrying and Love Debt by Paul Krugman NY Times Dec 2020 https://www.nytimes.com/2020/12/03/opinion/biden-republicans-debt.html
  16. countryBoy641

    Latest nonsense fromKrugman

    What the U.S. (and the post WWII developed world) has done, is to pull forward spending for the next 30-50 years. That's a fancy way of describing massive public and private debt. It doesn't matter how we got here, we are here. Other historical instances of massive debt include Germany 1920s and...
  17. countryBoy641

    Crude Oil Up $4. 2/11/2022. Inflation!

    I agree with the points in your linked article but ,,, All "Our policies" are likely here to stay. And those are not my policies. I didn't vote for it. Environmentalists may mean well, but I certainly do not see them as "sophisticated" in the same way as they see themselves. George Carlin -...
  18. countryBoy641

    Got Wheat ?

    50 years of the continuous futures contract.
  19. countryBoy641

    Got Wheat ?

    Although not highly volatile like the others I have posted (SOYB and CORN) WEAT doesn't seem to spend a whole lot of time going sideways, percentage wise.
  20. countryBoy641

    Got Wheat ?

    Like the rest of the inflation trade, the AGs are all en fuego. Or, in the words of the late great John Madden "It's a jail break"
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