04 September 2009

Softs : Grains + Sugar Down

  • Corn, Soybean & Wheat charts have been bearish for some time already
  • Fell asleep on the watch and not involved in down moves due to fire-fighting elsewhere
  • Probably not too late to get short as new lows are being made on monthly chart especially corn + wheat
  • Sugar exponential rise also being reversed
  • Trying not to spread myself too thinly across too many positions. Will definitely want to do something in one of these when (and if) my Risk Off trades can be put on auto-pilot. Clearly not yet
  • So many ideas, not enough attention span to do them justice when things go wrong, as they surely will
  • Corn looks the weakest and best short to me

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