Hi Erich,

I do day trade because I have learned over the years that unless the market is really taking off for some reason it will just bounce around taking back what it gave you the day before. Also I can keep the risk real small. You said Wheat did that yesterday. I looked back at yesterday's chart and it went above a resistance area and fell back thru it to a support line(the way I see it) and bounced back up. Just for fun I will tell you the way I would play March wheat today. I still think it has more up to it. If it opens between 305.75 & 307.50 I would buy 308.00 and get out at 312.75 or the close. Would put my stop below the lowest point it made befor going thru 308. Also I have enough confidence that 305.75 is a support that if it hit it I would buy there and risk it to 305. If it opens below 305, I would just stand aside because It may go on down.

Don