Down to basically 5 year lows. Fundamentally we probably should
be looking at food processors. I haven't seen the prices of
anything dropping at the grocery store. Some of these guys have to
be making some pretty fat margins these days
ha ha yeah they only raise prices when it goes up, but don't
drop price when it falls. Just like Starbucks never lowered
their prices when coffee was at a 5 year low.
yes on CORN, it dropped through the bottom of that horizontal
rectangle pattern, the height of the pattern is $1.30, subtracting
that from the base gives a target of 24.
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CORN
Posted by racerick on 4th of Sep 2014 at 11:06 am
Down to basically 5 year lows. Fundamentally we probably should be looking at food processors. I haven't seen the prices of anything dropping at the grocery store. Some of these guys have to be making some pretty fat margins these days
ha ha yeah they only
Posted by matt on 4th of Sep 2014 at 11:18 am
ha ha yeah they only raise prices when it goes up, but don't drop price when it falls. Just like Starbucks never lowered their prices when coffee was at a 5 year low.
yes on CORN, it dropped through the bottom of that horizontal rectangle pattern, the height of the pattern is $1.30, subtracting that from the base gives a target of 24.