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.
Tuesday, March 25, 2008
The Ag Gap
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.
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.
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1 comments:
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 www.ibankcoin.com.
my URL is http://www.ibankcoin.com/gunnersblog/ and i specialize in Commercial Real Estate
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