Monthly Archives: October 2009

Dow has 200 point trading range today

The Dow has seen already today a 200 point trading range, with the 10000 level being the top and just a few minutes ago, with

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Dollar Strenghten/Crude falls below 80

Crude Oil is currently getting spanked, trading around the 78 dollar level..I wrote last week that perhaps a 13 dollar rally in 17 days was

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So much for Bullish Pennant

Overnight we posted a high in Nov Beans at 1019 and change…We have since blasted lower all the way down to 984, with the only

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Grains Focus on Weather Fears

Continued wet weather will support grains as we go through this week. Technically we had a little pullback last week, but prices still look firm.

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End of Week Dollar Strengthening

Rumors abounded today that the Fed may be on the verge of tipping its hand by eventually releasing a plan for what conditions would result

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Dollar Strengh takes the Froth off Grain Market

The Dollar/Euro relationship strengthened today, with the Euro hovering around the psychologically important 150 mark. In response to that move, we saw some of the

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Higher Prices On Weather Scare

Overnight, we saw grains sharply higher as Chicago land gets pounded by over an inch of rain… We saw corn up 7 1-2 cents, Beans

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Grains Hold Well After Pressure from Crude

In Chicago, the grains held up under early selling pressure in the Crude, The Corn Closed over 400, over the 200 moving day, Wheat closed

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Dollar Rallies, Crude and Commodities Pull Back

Overnight we saw the US Dollar rally, and like physics, every action has an equal and opposite action, in this case, we have the crude,

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Whippy Wednesday, Commodities Whip Higher

After yesterday’s turn-around-Tuesday, where we saw a sharp round of profit taking, the grains resumed their charge higher…Nov beans opened higher, posted an early low

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