DISCLAIMER: THERE IS A POSSIBILITY THAT I COULD BE WRONG.

Minneapolis Grain Exchange seats are cheap. Everyone should buy one...and then buy one for a friend.

Tuesday, November 30, 2010

SMall Trades for the Shorter Term?

On the long wheat/short corn trade I put on yesterday, the idea was to scale into a position as wheat traded down from 1.25X corn toward 1.2X corn. When wheat traded up today, I took the 8 cents and got out. I will still look to buy the wheat when it gets cheaper.

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