MURICO.com Forum

Re: I made my choices and don't regret

washing my hands of all my long Dec except the one I have spread against the Dec cattle, which is doing me no favors at the moment. If it wasn't for several scalps on the cattle I would wash my hands of it also. I will do just that when/if I get anotherng a $2 opportunity of making a $2 deposit on that spread.

My tension has eased as it appears the 60 min chart has lost its up momentum and down is in control as long as 60 min closes remain below 91.00. I continue to believe this is just a needed balancing correction in the upward climb to the 94.00-95.00 target which may deny Dec hogs but reward Feb. I still have 6 days to trade Dec so I will be looking at potential buy opportunities in the 89.20-89.60 area. I need to prepare myself for trading Feb hogs which appears to have a very tradable range between 84-94, the hog market might be stuck in that range for the next 2 months.

Messages In This Thread

The final Purchase Index for - - -
Re: Well DH, my confidence is slipping
My confidence if pretty good, ITZ. I am - - -
Re: I made my choices and don't regret
As I watch the numbers, ITZ, I get - - -