I sure am glad I decided to wait for more of a bounce to short ag. Geez. All of the ag stocks are making big moves based on this headline, “Monsanto ups profit view on corn, herbicide strength,” and a few other headlines.
I’m going to take a step back and just watch ag this week. The overall pattern is still toppish, but today’s gap over resistance puts this theory in question.
MON screwed me today, as I was short. i just read down your posts and noticed you mentioned the other day that you were thinking of reloading the short on MON. i hope you didn’t.>>anyway, You look like an active blogger and I’ve linked you on my blogroll. come check us out at http://www.ibankcoin.com.>>my URL is http://www.ibankcoin.com/gunnersblog/ and i specialize in Commercial Real Estate