Vacation Time

I apologize for the lack of notice on the vacation, but I'm back now and ready to roll.  But I did want to mention the importance of being able to step back and watch the markets for a while.  My plan was to be in an all cash position while on vacation and I timed that accordingly with the 2008 planting report.  When that report comes out, it can be a volatile day of trading, which it turned out to be.  Soybeans went limit down, corn was wild, cotton skidded much lower, and rice started limit up but settled lower at the end of the day.  Crazy day, but a good day to be in all cash.  The overall moral of the story I'm getting at here is that there is some money to be made in high volatility, but more to be lost.  There is no shame in being out of the market and often times it is good for your nerves.  Every now and again, I find it good to spectate.  Give it a shot.