Monday, August 18, 2008

Yo-Yo Grains

The past few days, grain prices have been up and down like a yo-yo. Grains moved up strongly last Thursday, and down strongly on Friday. Now overnight, grain prices were higher again. During times like these, when there is no clear trend, I stay out of that market. I'll find something else to trade that is trending. Anyone for shorting the British Pound? That's been a good trade lately!