China’s GDP came in at 8.1, Analysts were looking for 8.5 or higher. End result? Dow currently down 105, S&P currently down 11 handles. Not a bad way to end the week. I hope you had a short position. It’s 1:30 pm and I am heading home for the weekend. Beans, Corn and Wheat all took it on the chin today. corn down 10, beans down 5, wheat down 16. Next week could be ugly for corn and wheat if technical levels are broken. The beans may be the last stalwart for the bulls unless we start getting talk of a real drought. Have a great weekend. CER
