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.
