Heraclitus - see you backed off a bit from the bullish surge 1st July and your more circumspect post on 6th July seemed prescient. Certainly seen big drop off now in wheat, but of course with the strong $us and collapsing china etc it is fashionable to short commodities!!
bloke called d newsom on dtn , I find an outstanding grains analyst and a chartist as well (and I am a cynic about most analysts etc! ) ;and he has some good articles lately for anyone interested - he still calling it in the uptrend it seems!
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How low can wheat go?, page-116
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