A.M. LOOK 8/19/10

So far this a.m. they’ve tried to push the stocks both ways with

the bonds having the opposite reaction. You still need sustained action under 1083

or over 1098.50 for a break out either way. Until the market can show me something over

the monthly close (1098.50) keep selling the rallies with very tight stops.


I was hoping to get the chance to re-buy the (u) Sept Wheat in the low $6 area. It doesn’t look like that will happen this week.

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