[JonnLeejsp]

"The extreme volatility of commodities prices and the unpredictability that comes with it is increasing the cost of doing business for everyone.


The price swings have been eye-popping. In March, cocoa futures plummeted 12 percent in less than a minute and then quickly recovered in a “flash crash” that left traders mystified. Cotton futures have fluctuated so wildly that they flipped market circuit-breakers on about two-thirds of the trading days this year. Last November, sugar futures fell more than 20 percent over two days, their biggest two-day sell-off in at least 17 years, and they often swing more in one day than they used to move in a month."

http://www.nytimes.com/2011/05/06/bu...r=1&ref=global


Have we finally reached a "top" in the prices of commods? (They usually run in 30 year cycles). N' many pros think the 2008 financial crack blew off the top of the wave n' extended the trend.......

Hard tellin' not knowin'......

[Info-phone]

"The extreme volatility of commodities prices and the unpredictability that comes with it is increasing the cost of doing business for everyone.


The price swings have been eye-popping. In March, cocoa futures plummeted 12 percent in less than a minute and then quickly recovered in a “flash crash” that left traders mystified. Cotton futures have fluctuated so wildly that they flipped market circuit-breakers on about two-thirds of the trading days this year. Last November, sugar futures fell more than 20 percent over two days, their biggest two-day sell-off in at least 17 years, and they often swing more in one day than they used to move in a month."

http://www.nytimes.com/2011/05/06/bu...r=1&ref=global


Have we finally reached a "top" in the prices of commods? (They usually run in 30 year cycles). N' many pros think the 2008 financial crack blew off the top of the wave n' extended the trend.......

Hard tellin' not knowin'......

the recent price capitulations have became simply violent in the momentum they carry...the only upside is that it has created tremendous premiums in the options for the products and in turn gives one more to chew on to create artificial shorts and longs that do give a greater margin of error....imo, these moves most likely indicate a longer term top...it would be nice to see the markets simply consolidate in a sideways pattern for an extended period of time...

[Wsjltrhe]

the recent price capitulations have became simply violent in the momentum they carry...the only upside is that it has created tremendous premiums in the options for the products and in turn gives one more to chew on to create artificial shorts and longs that do give a greater margin of error....imo, these moves most likely indicate a longer term top...it would be nice to see the markets simply consolidate in a sideways pattern for an extended period of time...

Agree as if it is a violent top we could cave into rapid deflation... Likely a "normal" secular top in commods as happens every 30 years give or take and the buck will start ta rally... Hope fer the best prepare fer the worst....