Time to buy wheat?

forex-forex · Mar 28, 2008

Time to buy wheat? Maybe a bounce is due.

makloda · Mar 28, 2008

4th time we're testing the 975 area this year. I'm short, let's see how this plays out.

brokerboy · Mar 28, 2008

My logic says it should go down but the trader in me believes nothing changed and it will go up.

scriabinop23 · Mar 28, 2008

big report monday.. funny how the market partipicants love arbitrary support/resistance levels to make 'turning points' happen on.

since we're at 975 and not 1300, I'd like to bet most people are short.

Rtrader2525 · Mar 28, 2008

wheat will run again, huge huge liquidation this week. I heard a rumor that Bear Stearns liquidated a bunch of wheat this week. IT may be a rumor but who knows, but I fully think that it will make another run.

BlueStreek · Mar 28, 2008

A safe trade is to sell right after it breaks 900 support level.

moondog · Mar 29, 2008

wheat is a scary animal these days.... the best trade is no trade in my opinion. I am scared to get stuck in it

spersky · Mar 29, 2008

I am short may wheat from 1002. Lets see how is pans out on monday.

makloda · Mar 31, 2008

Anybody hear that sound? *plop*

scriabinop23 · Mar 31, 2008

Quote from makloda:

Anybody hear that sound? *plop*

soybeans is much much worse....