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Author: Christian Robinson

Do not Marry any position–EVER

Sell Target gets hit, Buy target gets hit.. Now What?I watched a client ride a 12 cent winner to a 35 cent loser back to a 23 cent winner in the past 4 days. I suggested all along he have protective stops. He declined to use...

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New Crop Beans Hit Target

I know its scary to sell into a powerful rally, but the area I wanted to sell in SX has been hit here today on a powerful sympathetic rally with corn. Currently the 13.50 level in futures is trading. Risk 35 cents on a sell stop...

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Dollar Low Looks to be in Place

On April 27th, I wrote a note here saying that I did not want to own the US Dollar until it traded down to 71. On that day, we were trading at 73.70. Five trading days later, the US dollar fell to 72.86, which was the lowest...

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USDA Crop report is confusing

4 million more corn acres than last year, raised ethanol usage, but lowered domesic usage, raised carry out for old crop, but lowered the 2011 trend line yield 3 bu/ per acre.Early opening call, 20- 30 lower. It looks bearish...

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Exiting Metal Shorts This Morning

Target of 35.25 in Silver was hit. I am out of my short position. Ditto my shorts in gold. Those were exited at 1480 last week on the dip down on Thursday.I am flat currently in metals.We have a USDA supply/demand report coming...

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