Corn is dropping--ship ahoy is all one can say. I have been surprised it consolidated as long as it did. Many farmers are rushing crops to store now and crying. Wished they would have bailed earlier. Soybeans was a little higher before the drop. When they present an opportunity--Will look at them.

Meats--I want to discuss hogs. I have mentioned that the bottom on hogs is in. So I am watching them intently. One is always watching intently after they make some bold statement at the party.

The high in 2007 started this down. 2008 brought an consolidation. That I believe is a fourth wave. The distance from the high in 2007 to that consolidation to now is about equal to this low point.

That is typical of ending markets or beginning markets. It needs room to create the new pattern. Not a spike but one could say a different kind of spike.

Good place to short. I will take it. Nice one two pattern and ready to break the channel.

Even tho I do not expect this market to make new lows.

One the equality I mentioned earlier. Two the double bottom.

That pattern above may look like a one two pattern. It is not as I see it. I see a fourth wave and a fifth wave failure and just starting the fifth wave. 64.024PS. Line shows short at 63.60.

Will see how it works or if I was too eager.