Users: Dink: Wheat - Daily - 8.31.16.png

Wheat - Daily - 8.31.16.png

Wheat - daily chart. This is not investment advice.

Comments

Bi-Polar-BearBi-Polar-Bear
if it can catch a bid, shorts could get set on fire. 8/31/16
slipstreamslipstream
Anecdotal comment from the heartland regarding wheat. Grain elevators are piling it up on the ground around Enid and Medford because there is so much of it. Bumper crops all up and down the great plains and into Canada. Having said that, took a small long position yesterday and am watching. 8/31/16
DinkDink
Interesting fundamental info from on the ground. Thanks slipstream! 8/31/16
DinkDink
And look, don't get me wrong, I know very well that I could be wrong and it definitely is dangerous trying to call a bottom in a mega downtrend. If I'm wrong, so be it, I'm not going to harp on it. I'm wrong a lot, but if my analysis tells me to expect a bottom, I am going to expect a bottom. 8/31/16
Blue DonkeyBlue Donkey
The main problem with commodities is that they can trend for years and decades 8/31/16
DimonDimon
Why do you see bottom in this chart? 8/31/16
DinkDink
I posted this chart the day of the bottom. Where is that genius "ConvictScott" who called me an idiot for buying wheat at $395? 10/19/16
DinkDink
50% gain. Not bad. 8/9/18
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