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Overnight Soybeans making new highs....again
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Illinoisfan
Posted 2/18/2008 21:15 (#313272 - in reply to #313261)
Subject: RE: Overnight Soybeans making new highs....again



This action is confusing to me Tut... It seems like corn is what should be showing the major strength. I have this strange feeling that the bean acres are going to be big.

What I think is happening... I am willing to bet that a great deal of the speculators in these markets couldn't tell a kernal of corn from a soybean if you put both of them on a table in front of them. CNBC had a big article on the bullish sentiment in the commodities. (Now all the yuppies are jumping in)
Like many on here have said, the trend is your friend.
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