MURICO.com Forum

The final Purchase Index for - - -

6/12/15 was down -$0.17 and the model projects that the CME Lean Hog Index component on the 6-12-15 kill will be down between -0.10 and -0.40. On Friday we got 50% of the cash settlement index for the MMMs at 81.61. The model is now projecting that the cash settlement index for the MMMs will be between 81.56 and 81.41. Since the MMMs have already expired, there is nothing to do except lick your wounds or relish the small gains made of shorts. I rode a couple of long MMMs to cash settlement. WRONG!!

Packers made a good purchase of Friday at 101% or the moving average daily purchases.

Best wishes,

dhm