Friday

Another flash Friday morning of a couple hundred corn to China and corn up 1 1/2 at the end, 634 1/4.  Wheat up 11 1/2 to 710 1/2 on short covering, and the funds have a big short to cover.  Meal a dog and soy off 11 1/2 to 1476 1/2.  No volume Friday for rice and we slip 9 cents, 1720.  Hopefully the CFTC catches up commitments early in the week next week.  Dow loses 413 to end the week 32,071.  If there ever was a textbook week of computer churn enriching the few at the expense of the many, this was one.  With a small bit of rounding, Tuesday up 300, Wed, down 300, Thursday up 400, Fri down 400.  Difference between Monday and Friday close could be covered by a 10 year old.  But its legal.  Bonds up 2 points and 4 tics, 132.23.  Its funny that long duration is what has all these banks in trouble, but to be safe and make money now you the public are being lead to own long duration.  I'll pass up here.