Wednesday trade dominated by financials again. Dow off 307 points, 32,095 but we were down over 700. Bonds up a point and 24 tics, 131.22 but kissed 133 again. I will still argue we are near the top of the bond range without global meltdown. Credit Swiss got backing from the government so that is really off the table now. Grains were pretty solid all things considered. More corn sales to china and corn up 5 3/4 to 626 1/2. Wheat up 6 1/2 to 702 3/4. Soy leaked 4 1/2 cents, 1489 1/4 but really pretty solid action in the face of global money issues. Rice up 11 1/2 more as the funds continue to lose on their stupid trend follow systems, 1727. Only 386 liquidated out of a mighty big short position.
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