Agri food plays
Started by
Tor
, Dec 01 2007 11:17 AM
11 replies to this topic
#11
mdwllc
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Posted 27 January 2008 - 08:06 PM
Hawkeyefan: Grains have about had their run except for Corn. Soybeans 31 month cycle is due to crest early this year and then begin its decline. Wheat's 9 year cycle has/will crest and begin it's 9 year down cycle. The 2008 emphasis should be centered around either Corn or Farm Equipment as the two areas with the most potential; with Soybeans a candidate later this year. Friday was a major reversal date; next is Mar 14-17th. Good trading...MDW
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Be Sure to Perform Your Own Due Diligence
Be Sure to Perform Your Own Due Diligence
#12
diogenes227
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Posted 20 February 2008 - 09:36 PM
At the risk of stating the obvious, ag stocks (those above and this ETF) have done well and continue to do well on the current McClellan Summation up swing.
http://stockcharts.c...6310&r=1141.png
http://stockcharts.c...6310&r=1141.png
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
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