Nice bounce on markets

**boarderbloke** · Feb 3, 2015, 10:34

The USD is down today, and that complies with my comment in the post below started by John.

**SASKFARMER3** · Feb 3, 2015, 11:09

No shit the usd is down today!

**fjlip** · Feb 3, 2015, 11:34

Why is USD down?

**SASKFARMER3** · Feb 3, 2015, 11:50

Well lots of reports that maybe the USA is not recovering like we were told they were! Australia dropped prime! Etc. Europe maybe worse!
So usa dollar down!
But it's a nice jump!
Wheat northern crop health down from a year ago! South crop better!
Russia frost and low temps hurting crop! Europe cold cold cold!
Finally market maybe working!
Nah!

**charliep** · Feb 3, 2015, 12:16

I will only comment on the technicals. One day doesn't make a trend. The markets have gone down hard and fast so bounces shouldn't be a surprise. Look at moving averages/other techical tools. I would also look at the weekly and monthly charts - not just the nearby.

**Hopperbin** · Feb 3, 2015, 12:33

Oil up 5.5 percent. Usd down 1 percent. Grains missing out I think. Especially in canada where we cannot export it. Things are backed up really bad. How come no one is talking about it? Is it just a saskatchewan thing again and we are just used to it?

**fjlip** · Feb 3, 2015, 12:37

It's just us hopper, perhaps a dead cat bounce, see next few days and Friday finish.

**SASKFARMER3** · Feb 3, 2015, 13:42

Hopper here is January for our local 100 cars a week booked and so far 1st week delayed ok then never got! 100 week two then 20 that were spotted wrong then 40 so for month of January were 240 behind! But in Alberta with all the answers it's full steam ahead!
Feb has a long way to catch up! Elevator at 86% today full!
Great system! Dep and alberta boys want to comment on my that one!

**mcfarms** · Feb 3, 2015, 14:13

been waiting three weeks on cars, in Alberta.

Nice bounce on markets