MURICO.com Forum

Re: Where the bottom is--------

is in the hands of the bottom pickers. I'm exhausted from bottom picking since just before Christmas. My sell stop fishing lines is all that has kept my account from deflating. My main irritation is letting my logical bias of a bottom should be near, take me out of my game plan for trading the hog market. If I had stuck to low anxiety FISHING, I could have kept my account climbing the uphill curve rather than looking at it FLAT LINE the last 2 weeks. I've had too many irons in the fire so I haven't had the focus to trade much anyway.

Between the grain markets and moving to a new home(my better half, the boss, aka my wife) does not deal with stressful chaotic situations very well. She would never make a good trader, she tends to turn into the wicked witch of the west when structure and order disappear. To put it mildly, I've had other powers dictating my daily activities and focus since early Jan.

As for the hog market, it is in the process of over doing the down side as it over did the upside. At some point it will have a very strong snap back up. That turn will start prior to cash making the turn because at some point futures will start thinking out into the futures and the coming seasonal demand. However the hog market is overdue for a BEAT DOWN market into the April-May time frame before that seasonal demand shows up. Also has to turn EVERYONE BEARISH first as it drags the bottom range to build a launching pad. Building that launching pad always brings GOOD fishing weather.

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The final Purchase Index for - - -
Re: Where the bottom is--------
The noon reports seem to be saying, ITZ, that - -