Global Capital Reserves: Grains Crash Through Floor to New Lows

Wednesday, August 6, 2008

Grains Crash Through Floor to New Lows

Grain prices have collapsed again today, selling off furiously almost from the open. This intra-day chart for the Deustche Bank Optimum Yield Agriculture Excess Return Index shows how powerful the trend is.

S Benard at 9:37 AM

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About Me

S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

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