MURICO.com Forum

Re: DH, I'm not real confident
In Response To: The CME Component on the - - - ()

we'll see a $10 rally but I do know Oct hogs do have a decent track record for $10 rallies during its front month trade. That doesn't mean it always holds those rallies for expiration. I'm mainly talking the somewhat tendency for a rally in Sept as a knee jerk to the heavy anticipated selloff the first 2 weeks it is front month.

Maybe my chart is wrong because I have run across inaccurate charts from time to time. My chart shows last year did give a 9.95 rally off of the august 21st low up to 93.75 on Sept 25th. It gave back half of that into expiration but it still completed a $10 rally the month of Sept. The launching pad is built with last weeks $5 pop and sooner or later cash will take a breather from its fall. I won't catch the whole $10 move but my fishing lines will catch chunks of it. If it doesn't happen, I'll still catch chunks of the trips retesting the lows.

Messages In This Thread

The CME Component on the - - -
Re: DH, I'm not real confident
It appears to me, ITZ, that we - - -
Re: It appears to me, ITZ, that we - - -
The data seems to be saying - -
Re: DH, the usda miscount---is that
You and your - - -