Tuesday

New month trade Tuesday brought more fund liquidation, and I would say for the first time in quite a while, at least a few small funds willing to work from the short side.  Someones system is willing to place small bets that the Ag markets are saturated between now and Christmas, and are willing to gamble.  March corn off 5 1/4 to 420 3/4.  Wheat closes 577 1/4, off 7 3/4.  Beans slip 6 1/2 to 1162 and getting into the top of my support window.  Rice had a decent volume day and some solid vs cash as well, but futures close 1253, off2 1/2.  Dow looked over 30K again but backed off to 29,804, plus 175.  Really for nothing, bonds broke 2 full points and 8 tics, 172.21.  I know I sound like a broken record, but don't overlook the long game and the signals these bonds are sending.