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Re: Tim, I didn't trade------

the cattle/hog spread last year because support and resistance areas were a non issue for the hogs, nothing was reliable for me to be making choices, so I left them alone except for a handful of spec trades. There was no reason to rec hedges for my producers until they hit 120-122 for a double top play at the seasonal time frame to warrant hedges. I was also focused on the cattle market that was doing my bank account very well. This is the year for the cattle market to take over the charge for the Bull movement. All other markets have had their day for Moon Launches except the cattle market-----this is their year for the Moon Launch which they have already started.

June cattle will have a Flush in March but all of the markets could also Flush at that time. I will be short June by the later part of Feb but just to protect my profits for the long April I will be rolling into out of my long Feb. I haven't decided on a timeframe to begin doing that but I will have to by the time first notice day rolls around for Feb cattle. I've been long Feb cattle since they were trading in the 149 area. I may not even consider the long June hogs again this year because the cattle market has rewarded me so well, as long as it continues to do that-----no reason to tax my focus with another market. I am eyeing the 160-162 area as a target to start laying on those June cattle shorts.

Messages In This Thread

I'm sure everyone had a Merry Christmas---
Re: I'm sure everyone had a Merry Christmas---
Re: Tim, we've done very well------
Re: Tim, we've done very well------
Re: Tim, I didn't trade------