Agriculturals Reaching Support
09/16/2008 12:00 am EST
Focus: COMMODITIES
The agricultural ETF DBA has dropped from a July high of
$42.65 and is now reaching support in the $29.50-$31 area. Momentum is still
negative and shows no signs yet that the selling is over. Commodity analyst John
Person recently discussed a seasonal low for the grains in October.