Global Capital Reserves: Roller Coaster Grains

Wednesday, September 16, 2009

Roller Coaster Grains

Arlan Suderman was dead right. Sell into the rallies! Corn has given up almost all its gains from yesterday. Soybeans also. This is classic short-covering rally, followed by more shorting. Here's what Arlan twittered today:

GFS Midday update does not support frost threat in 6-10 day; prices responding by dropping lower.

S Benard at 11:01 AM

‹

›

Home

View web version

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.

View my complete profile

Powered by Blogger.