Thursday, July 21, 2011

Rough rice long term chart break out

The futures are at $16.89/hundredweight, up 11 1/2 cents.
A nice catch from Alpha Global Investors:

http://2.bp.blogspot.com/-LCUCiTY-Sgo/TigZbhkZ8TI/AAAAAAAAL8A/CbqJmSY2Fn4/s1600/fut_chart-2.ashx.png

Put yourself in the shoes of a central banker in Thailand or Viet Nam or India, what the heck do you do?