iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Rain is a Good Thing

“It all depends on the water…”

Rain is a Good Thing by Luke Bryan

Note the soft commodities bouncing back today here, beyond coffee.

I am long the wheat fund, and you can see the soft commodity ETF break a well-defined downtrend to the upside.

I believe all softs are in contention for upside snapback rallies in the next few weeks, provided this breakout hold.

Perhaps a little rain (the selling) may be a good thing for softs this autumn.

_____________________________________________

DBA

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7 comments

  1. heisenberg

    Chess, what’s your stop level in AAPL short?

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  2. speerothekid

    that song is the source of much laughter among my friends that make fun of country. myself included.

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    • speerothekid

      the lyrics are like the thought process of a caveman. except said caveman is a representative of the general consensus of southern intelligence.

      RAIN MAKE CORN
      CORN MAKE WHISKEY
      WHISKEY MAKE FEMALE INHIBITIONS LOW

      RAIN IS GOOD THING

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      • Billy Cutting

        Because the Game’s lyrics are obviously highly more intelligent

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        • speerothekid

          As if you’d know. It’s Lloyd Banks in my avatar you ninny.

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          • Billy Cutting

            mas or menos..and trust me, I’ve listened to my share of Lloyd Banks, Rotten Apple was a real masterpiece…

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  3. phim xech

    Hello There. Today applying yahoo. Which is a properly authored report. I will make sure to save this and also get back to discover more within your tips. Many thanks for the particular posting. Let me absolutely come back.

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