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Corn Crash!
- Thread starter simpleton
- Start date
Your name says it all my friend, lol just kidding. If you feel like picking nickles up off a train track go for it!
Quote from LT701:
maybe it's topped and maybe it's not
but a heck of a lot of corn just got ruined by the flooding
Everyone knows the weather story by now. Thats yesterday's news and you would need to see a horrendous crop report to see a further uptick in prices. This is the way markets work!
Quote from simpleton:
Everyone knows the weather story by now. Thats yesterday's news and you would need to see a horrendous crop report to see a further uptick in prices. This is the way markets work!
'simpleton', this is one of the few cases where a regular guy can see what the 'top guys' can see, just as fast as they can see it
the bottom line is, how long and how much is that corn standing in water? that's not 'yesterday's news', it's today's news and it will be tomorrow's news
and that's not something anybody really knew, until this week, and they still dont know it now. no matter what anybody tells you - it's not 'inside information' that slowly gets out
there is a sh-tload of corn under water - i've never seen anything like it - it recedes, then fills back up again
you're full of crap if you think the traders are ahead of people observing the fields
dec corn will hit 8.23 thats my prediction.
Quote from LT701:
'simpleton', this is one of the few cases where a regular guy can see what the 'top guys' can see, just as fast as they can see it
the bottom line is, how long and how much is that corn standing in water? that's not 'yesterday's news', it's today's news and it will be tomorrow's news
and that's not something anybody really knew, until this week, and they still dont know it now. no matter what anybody tells you - it's not 'inside information' that slowly gets out
there is a sh-tload of corn under water - i've never seen anything like it
I appreciate the amount of destruction thats happened due to the flooding BUT a worst case scenario has already been priced in. Don't be scared, get on the gravy train!
I agree that the sit. isn't as dire as many would believe (july/dec at full carry) But you never know. Good luck to ya
Quote from LT701:
'simpleton', this is one of the few cases where a regular guy can see what the 'top guys' can see, just as fast as they can see it
the bottom line is, how long and how much is that corn standing in water? that's not 'yesterday's news', it's today's news and it will be tomorrow's news
and that's not something anybody really knew, until this week, and they still dont know it now. no matter what anybody tells you - it's not 'inside information' that slowly gets out
there is a sh-tload of corn under water - i've never seen anything like it - it recedes, then fills back up again
you're full of crap if you think the traders are ahead of people observing the fields
whats your opinion regarding how high corn will go?
thanks