Monday, July 9, 2012

Grains and stuff

Looks like alot of grains Corm, Soybean, Wheat have likely put in a blow off or Doji type of top.

Lots of longs could get caught deer in the headlights on this one.   

Not following the fundamentals closely, just that super hot spell may be getting relief.   Whatever, the charts speak on their own.

Stopped out of Cable long, just barely, did not go back in, had too many "all the same bets"

FIRE is a nice short on BPT watchlist.    Sign up for BPT using link on right, one nice quick trade pays for the whole year of membership.

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Insightful and Useful Comment!