The weekend gave bears plenty of fuel as the corona virus spread, along with the fear that goes with illness. Dow smacked from the open and closing off 1013 points, 27,968. I must say that the trade thru the day was organized and computer orchestrated. Gives me confidence and pause at the same time. Bonds up a point and 24 tics, 166.23. Corn off 4 3/4 to 372 1/4, following wheat down 14 3/4, 536 1/4. Think about how wide that spread still is. Beans off 16 1/4 to 874 1/4. I don't expect much follow thru. Rice down only 1 1/2 as the funds longs aren't getting much pressure and the roll is mostly done. 1337. May is now the high risk month.
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