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February 13, 2012 15:26 GMT
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Thread: Beans...

  1. #1
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    Default Beans...

    We are buyers of corn but only at higher levels (420). We see beans strong and should be able to reluctantly push corn higher.

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    Beans are one of the longest-cultivated plants, broad beans having been grown at least since ancient Egypt, and the common bean for six thousand years in the Americas. Many modern dry beans come from old-world varieties of broad beans, but most of the kinds commonly eaten fresh come from the Americas, being first seen by Christopher Columbus during his conquest of a region of what may have been the Bahamas, where they were grown in fields.

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    Grains review on Jan 26th:
    Beans are called 4-6 Higher fighting back looking for a move back above the 20-day MA sitting at 1393. Indicators are in the upper half of the range in a strict negative stance. Corn is called 5-7 Higher chopping in the upper end of the range stuck between the ascending 20-day MA and the contract high at 467. To me, indicators are negative in the upper end of the range with RSI tanking. Wheat is called 8-10 Higher looking to move against the contract high at 864.25 if we get any outside support. Indicators remain strictly positive reaching for recent high levels. Soy Meal is called 2-3-dollars Higher looking to move back above the 20-day MA sitting at 375.00. Indicators are strictly negative in the upper end of the range. Bean oil is called 30-40 Higher after yesterday's miserable failure against the 20-day MA. Indicators remain at the bottom end of the range with no sign of turning positive yet.

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    Yes, you can make profit from changing your buying aggregate... It'll profitable for you.. In market it is always on Boom and sold and purchase at high rates and marketers obtain many profit and make it as bull market...

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