Thursday, August 5, 2010

Wheat

I'm a little slow to start looking at it, but wheat is becoming quite active. http://www.ft.com/cms/s/0/485c93ae-a06f-11df-a669-00144feabdc0.html

I'll be looking for great setups to be leaning on the long side for now. Graph of wheat and a measure of its contango: http://futuresource.quote.com/charts/charts.jsp?s=%3D('W%201!')-('W%205!')&o=%3D('W%201!')&a=V:60&z=800x550&d=medium&b=bar&st=