Friday

Dow was a rocket all day Friday with lots of new money headed into the financials pre-election, 32,896, up 822 points on the day.  Over 3000 points in the last 2 weeks.  Not sure what global problems got solved in the last two weeks, but when the time is right I'm sure we will be told.  Bonds slip a point and 3 tics, 121.08.  First intentions in Nov beans and a slug of open interest unwinds pretty smoothly.  440 new receipts registered, and we close 5 1/2 higher, 1387 3/4.  Nov rice gets a 11 1/2 cent bounce to 1612 1/2 as well with only 428 delivered and nothing new registered, in fact, 250 cancelled for shipment.  Not what the bear funds wanted to see.  We will be switching to Jan Beans and rice moving forward.  Corn off 1 1/2 to 680 3/4, and wheat slips 9 1/4 to 829 1/4.