RECIMMENDATION UPDATE
YOU MUST ALWAYS BE AWARE THAT THERE IS SIGNIFICANT RISK INVOLVED IN TRADING FUTURES AND/OR OPTIONS ON FUTURES AND ARE NOT SUITABLE FOR ALL INVESTORS.Beans: I'd love to grab a tiger by its tail but the RSI in beans is in the low 80's after last night's trade, very scary. I think nearby beans are targeting $8.50 which is still another dollar higher so if you don't mind any short term frustration I believe that is the place to be.
The gold market may be a bit high in the short term, but long term I think it looks like it may be going a lot higher.
Buy Dec corn below $2.50 might be another good trade.
posted by Lee Gaus @ 8:56 AM
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