"The "doing" part of trading is simple. You just pick up the phone and place orders. The "being" part is a bit more subtle. It's like being an athlete. It's commitment and mission. To the committed, a world of support appears. All manner of unforeseen assistance materializes to support and propel the committed to meet grand destiny."
- Ed Seykota
Wednesday, June 11, 2008
Grains and Fertilizers
Grains break out their consolidation areas and move higher. Both Corn and Soybean Oil are at all time high now.
Corn
Soybean Oil
Fertilizer makers seem benefiting from this "Grain Boom". Many of them are also at all time high.
MOS
It seems that commodity booms tie together with industry booms, like Oil with energy industry, Grain with agriculture industry.
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