Corn's Perfect Storm

Quote from marketsurfer:

Anyone here trade corn? this thing is smoking up. Looks like the perfect storm has hit. Proflogic any thoughts?

surf
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I shorted July at 581 and 601 and 621..
and wrote 9 puts against it...
and threw in the towel at 662..
A steeenkin loser
 
Quote from PohPoh:

I shorted July at 581 and 601 and 621..
and wrote 9 puts against it...
and threw in the towel at 662..
More...

:eek: OUCH!

I hope you went long. Nearly limit up today in the first 5 minutes of trading.
 
Quote from Daal:

perfect shorting opportunity, tight supply increasing demand, rising chart, non-objectivists fools bullish on it(jim rogers and co), its a short put on the whether so you get to be broke every once and while. what more can you ask for
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Common Sense.

July Limit Up again today.

Tight stops and buying pullbacks is common sense not foolish in this environment.
 
Quote from ess1096:

:eek: OUCH!

I hope you went long. Nearly limit up today in the first 5 minutes of trading.
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Yeah..we bought several mini corn and beans this AM at the open..
the volatility will get nuttier...
 
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