MURICO.com Forum

Re: I have a question?
In Response To: I have a question? ()

Hello DH, and Yes I have been buying April & June hoping to offset the losses I have in Aug & Oct!!

If the low in Dec at 44.92 would hold I might still be all right as we have had 2 times the market has tried to go up but Monday could be another wash out!

We have a couple of positive developments that may develop
1. Getting closer on a Nafta agreement
2. The detecting of ASF in hog herd in China If this would spread China will be buying pork even with the tariff as Mexico has been buying hams even with tariff because it is cheap.
If cheap prices cure cheap prices we may be getting close to bottom.
I have been expecting a limit down then a move up but markets are hard to predict!

Thanks again for your sharing of your forum, I really do appreciate it.

Dewey

Messages In This Thread

I have a question?
Re: I have a question?
Taking profits, Tim, is not chickening out, it -
My idea of - - -
Re: I have a question?
Buying the April rather than the August - - -
Re: DH, I wasn't buying-----
Never before have I bought futures 12-months - -
Re: I have a question? *PIC*