MURICO.com Forum

Prepare to enter the Twilight Zone---

where strange things happen. A massive amount of Battle Cycle energy bringing high energy/high volatility to give wide swings of whipsaw action from May 15th to May 24th. Probably a day traders dream if they choose the correct direction each day. Some markets get more attention than others but all will be affected to some degree. I'm going to stick with the cattle for the next two weeks because they have been kinder to me than the other markets for the last two years.

I was long June cattle and reversed to short @ 164.00 a couple days ago. My target area to reverse back to long is 160.20 to 160.90. I'm not sure what to do about a ? I have flagged for a potential panic Flush @ 159.80. One of those deals I don't want to be patient and wait for it to happen and realize to late it's not going to happen. I would not be surprised if it does happen but I will be testing the waters @ 160.60-160.90 and getting serious @ 160.20/160.30. A close below 160.10 will Red Line my Anxiety meter and force me to take Defensive Action for Damage Control.

Messages In This Thread

Prepare to enter the Twilight Zone---
Re: Prepare to enter the Twilight Zone---
Re: Spike, the cattle market----
Re: Prepare to enter the Twilight Zone---