Monday, April 28, 2008

Bottom and Possible Rebound

It appears that the influence of soybean selling has caused corn and wheat to sell somewhat too, but it appears that perhaps a bottom has been created for soybeans, and the rebound has begun. This is good, because prices were only about 20 cents from lock limit down. I'm always happier, as a trader, when prices remain vibrant, dynamic, and continue trading throughout the day.