What do you think about grains on Monday?

[mizhael]

Continue limiting up?

It sucks - a few days back corn was limit down and I cut my risk... and now I am on the right side but my risk is not full-blown.

It's well-known that if you are down 50% you need to make 100% in order to fully recover...

I got down but I cut my risk and so I never will get back to my original level?

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Anybody tried to forecast the USDA numbers? Any success stories?

 

[nazzdack]

Quote from mizhael:
----Continue limiting up?
----if you are down 50% you need to make 100% in order to fully recover.
----will get back to my original level?
----Anybody tried to forecast the USDA numbers? Any success stories?

1) Corn, maybe.
2) Confirmation of the obvious.
3) If you're optimistic, yes.
4) "Small" crops get smaller, "big" crops get bigger. It's no guarantee that the market will respond in a "logical" fashion to your expectation. :eek: