Comments from the cowside on inflation...

[Handle123]

I was wrong in Sept in Live Cattle but selling Dec 153 or higher today and hedged.

I keep selling/hedged Cattle as it going higher, lose on futures and hedges make up loses and then some.
Sold April Live Cattle again today, eventually highs going to happen.

 

[schizo]

I keep selling/hedged Cattle as it going higher, lose on futures and hedges make up loses and then some.
Sold April Live Cattle again today, eventually highs going to happen.

We're almost at the top.

 

[SoyUnGanador]

We're almost at the top.

View attachment 306603

So if that white/gray squiggly line goes above that straight blue line, would you change your answer re the top and conclude we are going higher schizo?

Thanks!

 

[schizo]

So if that white/gray squiggly line goes above that straight blue line, would you change your answer re the top and conclude we are going higher schizo?

Thanks!

Of course. Why would I not?

 

[SoyUnGanador]

Of course. Why would I not?

No reason, I just know very little about technical analysis, trying to learn. Now lets see where that squiggly line goes!!!

Thanks.

 

[schizo]

Time to take money off the table. Unless it breaks below the lower trendline, I reckon this can head back up.

 

[Overnight]

Time to take money off the table. Unless it breaks below the lower trendline, I reckon this can head back up.

View attachment 309678

Eeeek, you didn't notice that we rolled to June? Last trade on June was 156.100