Morning Corner 2.1.11

Posted by AmenRa on Tuesday, February 1, 2011 /
Rough Rice (weekly info)
trend=no
direction=down (2 bars)
low= 13.70
rev= 15.05; mid= 14.38



Last week rough rice closed above the weekly 3LB mid and today closed above its weekly 3LB reversal price. Ruh roh. Food riots coming to a country near you…soon.



Wheat (weekly info)
new high 912.00
trend=up
high= 912.00
rev= 851.00; mid= 881.50



Ok so rough rice prices are bad for many. Wheat isn't helping. Trend is up and looking to take out recent highs. Ruh roh #2.



Coffee (weekly info)
new high 245.00
trend=up
high= 245.00
rev= 225.30; mid= 235.15



This needs to stop. Don't mess with my coffee!!! People can speculate all they want. But if coffee prices get too high we're going to have a problem.


228 comments:

«Oldest   ‹Older   201 – 228 of 228   Newer›   Newest»
bob said...

http://finance.yahoo.com/q/op?s=VXX&m=2011-03

March 66 calls on VXX, 1,639 volume today....

February 1, 2011 at 3:50 PM
CV said...

@Andy

I think WEBBOT had some "chatter" about the whole internet going down on February 8th...

So great... Finally the market does a reversal, and nobody could trade it...

ROR!

February 1, 2011 at 3:50 PM
Anonymous said...

that lipbalm is being pimped out by
http://www.pac-sh.com/?page_id=14

based in Ca. (Chatsworth)

btw, who thinks the Market for U$D 3 lipbalms, @ stores like CVS and/or Kroger's, is growing/ready to moonshot?

February 1, 2011 at 3:52 PM
ben22 said...

I don't want this to come out the wrong way because I'm not some scholar expert or anything but I've studied middle eastern/Egyptian history for many years now, I know a few things, I probably don't know a lot more.

That said, I think a lot of these people making comments about Egypt have no idea at all what they are talking about.

JMO.

February 1, 2011 at 3:52 PM
I-Man said...

I-Man's Square of 9 cycle dates that hit that window:

Feb 3, 2011, vibration off July 1, 2010 low.

Feb 8, 2011, vibration off Nov 20, 2008 low.

Those are two that could line up with Neely's work...

But I prefer to have some multi-hits for mega trend changes...

And the only one of those that is nearby is 3/6 to 3/9 of 2011.

February 1, 2011 at 3:54 PM
I-Man said...

Those are from YM, not from the DJIA index.

February 1, 2011 at 3:55 PM
CV said...

@ben22

Well... I think the mighty "Thor" was just in Egypt and put up a couple of pictures of him holding up the pyramids...

Probably brought home a pissing pharaoh water fountain as well...

So I'm sure he's qualified to tell you everything you need to know about Egypt...

Me? Well... I once stayed in a "Holiday Inn Express" (in Sharm al-Shiek)...

February 1, 2011 at 3:56 PM
Jennifer said...

TLT catching a bid.

February 1, 2011 at 3:57 PM
CV said...

I do know that "back in the day", the Egyptian slaves consumed roughly 40 ounces of beer a day...

BEER BUILT THE PYRAMIDS!

February 1, 2011 at 3:58 PM
I-Man said...

Beer = Liquid Bread

February 1, 2011 at 4:02 PM
ben22 said...

CV,

Was he really there? I haven't been over to the blog in a while.

How long ago? That's pretty amazing luck with the timing if he was just there.

February 1, 2011 at 4:04 PM
Anonymous said...

Strong Beer also equals water that doesn't go bad. Most of the people during the middle ages were completely sauced, no clean water.

February 1, 2011 at 4:05 PM
Anonymous said...

http://www.cracked.com/article_18982_5-terrifying-online-trends-invented-by-news-media.html

if in need of diversion..

February 1, 2011 at 4:06 PM
karen said...

big brcm miss i guess.. but they are going to raise their div.. down 4%.. i mean 5%..

February 1, 2011 at 4:08 PM
karen said...

i'm imbibing a Murphy's Stout for my lunch.. then going on a 3 hour walk..

my weather is such a contrast to most of yours.. i'm going to be in a bathing suit.. lol.. and deserving the big one (i'm talking about the earthquake!!)

February 1, 2011 at 4:10 PM
karen said...

it feels like 70, or low 70s in the sun.. no snow.. no rain.. no clouds..

sorry !!

February 1, 2011 at 4:12 PM
Anonymous said...

http://finviz.com/quote.ashx?t=GRM

being stubborn, ~17.87

AAIP

February 1, 2011 at 4:13 PM
Anonymous said...

http://finance.yahoo.com/q?s=BOE.V&ql=1

3:46PM EST: 2.05 +0.19 (10.22%)

this little co. is a good one..

ibid.

February 1, 2011 at 4:16 PM
AmenRa said...

Karen

:-(

While I'm watching the snow increasing and wind picking up.

February 1, 2011 at 4:20 PM
Anonymous said...

wow, look at that thing....Impressive...

http://radar.weather.gov/Conus/index_loop.php

February 1, 2011 at 4:25 PM
I-Man said...

I'm actually drooling for rain...

The Feb sunshine is nice, but need more rain to bring in more fish from the salt.

I feel for yall tho, but snow is kinda fun.

February 1, 2011 at 4:27 PM
karen said...

wow.. on that storm.. i did hear we in so cal were supposed to get 50 mph winds tonight..

Winds: winds northeast 25 to 35 mph with gusts to 65 mph through
and below passes and canyons and near the foothills. Damaging wind
gusts to around 85 mph are possible Wednesday morning through
early afternoon.

February 1, 2011 at 4:29 PM
Bruce in Tennessee said...

hmmmmmmmmmm....yellow card on anonymous at 4:25!

that's you ain't it Lefty...

February 1, 2011 at 4:30 PM
karen said...

okay, later.. sorry the market didn't go red, lol..

February 1, 2011 at 4:31 PM
karen said...

oh Bruce.. you are too much!! took me a minute.. i'm slow, lol!

February 1, 2011 at 4:33 PM
Bruce in Tennessee said...

karen,

Just trying to keep it PG-13 or so...I recognize a Leftback stealth NC-17 when I see one.....

February 1, 2011 at 4:36 PM
CV said...

@ben

It was over a month ago... Before Christmas, I think... I haven't been over to that blog in awhile either...

Nevertheless... Gotta wonder... Maybe he started the whole thing!!! Maybe he got to "policing blogs" and comments and all & the next thing you know, THE WHOLE FUCKING INTERNET IS DOWN in Egypt and people are taking to the streets...

Then again... Maybe it's just all a gig gay pride parade (and Al-Jazeera doesn't report it that way because it's against Muslim law)...

Sorry guys... just funnin' here...

February 1, 2011 at 4:46 PM
Andy T said...

Yeah. Thor did go to Egypt. He talked about how wonderful it all was and how much he "learned."

But, he obviously had no clue that the government was on the cusp of regime change.

Which is, either evidence that:

a) revolutions and riots do spontaneously erupt;
b) Thor is, as Ahab noted last week, the stupidest non-heterosexual walking planet earth; or,
c) A little bit of both a&b.

February 1, 2011 at 5:43 PM
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