Monday, April 7, 2008

Good Day for Trading Soybeans

Great day for trading soybeans, as liquidity was excellent and market moves provided superb conditions. Let's do it again tomorrow, please!

I'm convinced that short-term trading will prevail for the foreseeable future. I will probably liquidate all long-term trades and trade only short term until a new, stronger long-term trend emerges. I remain bullish long-term for agricultural commodities due to strong fundamentals.