MURICO.com Forum

The cattle market has that look-----

that this Launch is just getting started and wants to leave a lot of road kill and not think about the body count left to rot rather than come back to aide the wounded. This cycle is giving me what I expected but wondering how much should I be happy with for my long April herd. The profits aren't mine to keep until I make the deposit and I need to make that choice no later than the 21st when a new cycle kicks in. My last target I have marked for a kiss is 175.00 but that doesn't mean it has to happen. I also have a sizable herd of short June rounded up between 163.70 to 164.90. I started on the short June @ 163.20-163.60 but dumped them on yesterdays pullback to retag 163.50 after I grabbed a bunch above 164.00.

I expect next week to be a high volatility week with several rounds of $2 back and forth trade.

Messages In This Thread

The cattle market has that look-----
Re: The cattle market has that look-----
Re: The cattle market has that look-----
Re: The cattle market has that look-----
Just so you know, I no longer am short