Posted 6/27/2024 20:29 (#10789858 - in reply to #10789752) Subject: RE: Long term vs short term effects USDA report could have - market comments
NWMO
I’d prefer to take the bullish option
If the market runs back to $5, and kills demand, we can fall $1 after that and be at $4 sliding to $3.xx over the winter/spring.
Or, bearish report comes out, we lose $0.50-$1, demand picks up, then we rally $1 and we’re right back to where we are today.
I’d rather have another short shot at $5 and slide back then I would slide to $3.80 and pray we climb back to $5 over the next 12 months. Which I would have very little faith in
Long term vs short term effects USDA report could have - market comments
