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DEC.22

WE WILL STAY WITH THE SOFTS THROUGH THE NEW YEAR AND START TO PICK UP CALLS IN MARCH CORN AND BEANS .TREASURY INFLOW DATA SUGGESTS THE U.S. IS STILL TAKING IN MORE INVESTMENT DOLLARS THAN IT IS SENDING OUT IN TRADE IMBALANCES WHICH IS KEEPING THE TREASURY MKT STEADY WHILE THE FED CONTINUES TO TIGHTEN UP THE SHORT END.METALS ARE GETTING SOME CORRECTIVE PULLBACKS ON YEAR END PROFIT TAKING BUT THE THERE SEEMS TO BE PLENTY OF CASH AVAILABLE FOR A RENEWED UPTREND IN 06.PRODUCERS ARE CONSOLIDATING IN METALS AS WELL AS THE OIL AND GAS INDUSTRIES.

This comment was posted the December 29 at 16:27

 

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