MURICO.com Forum

Re: DH, Feb hogs are about-------

to trigger a buy signal for me with a daily close above 59.42. The problem with buy signals is the $2 window of retesting previous broken resistance. Sometimes it does but many times with an over crowded train of short positions, the market stops them out first by going $2 higher then having the $2 retracement window to test the validity of the buy signal trigger. As long as weekly closes keep the buy signal trigger in tact, I know the buy signal is valid and the momentum destination is the next extended $5 move to give the addiction fix for the $10 move.

I had a pair of fishing lines @ 59.42 after I was stopped out of my 58.95 long. I'm waiting for a fill @ 59.80 to get most of that back but will assume my buy signal will get triggered and I will risk $1 to see if there is any panic short covering tomorrow. I have no other choice but to go with a triggered buy signal since my buy signals bring my 80/20 reliability factor to the table. If the first buy signal trigger fails the second time it is triggered(if that happens) the reliability factor jumps to 98%.

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The CME component on the kill for - - -
Re: DH, Feb hogs are about-------
Well, ITZ, the packers seems to be - - -