Tuesday, August 28, 2007

Add To Short Position In Corn

It has been a very busy day in the commodity markets with all kinds of set ups and near set ups approaching.

Sitting on a substantial profit from our long term sell signal in corn, it looks like it is time to add short contracts to the position as corn looks very vulnerable in here. Add to the December contract at your discretion.

Soybeans offer a short sale opportunity as well, but corn has the stronger sell signal.


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