Conspiracy Theory

trillenium · Dec 31, 2003

I have a nice theory :

Somebody started buying Feeder Cattle and Live Cattle 3 months ago and selling Lean Hogs and Pork Bellies like mad. He/She is about to corner the market in that spread and then one day he imports a BSE cow into the US and makes sure the story gets public -- now he he is rich ......

When you look at the charts then it really looks that way - any comments ?

NasdaqTrader · Dec 31, 2003

Quote from trillenium:

I have a nice theory :

Somebody started buying Feeder Cattle and Live Cattle 3 months ago and selling Lean Hogs and Pork Bellies like mad. He/She is about to corner the market in that spread and then one day he imports a BSE cow into the US and makes sure the story gets public -- now he he is rich ......

When you look at the charts then it really looks that way - any comments ?

Don't you mean shorting feeder cattle and live cattle and buying lean hogs and pork bellies?

Covertibility · Dec 31, 2003

Quote from NasdaqTrader:

Don't you mean shorting feeder cattle and live cattle and buying lean hogs and pork bellies?

Ya wonder why 90% fail at trading.

waggie945 · Dec 31, 2003

Amateur Hour looms large on ET!

:eek:

ig0r · Dec 31, 2003

Quote from trillenium:

I have a nice theory :

Somebody started buying Feeder Cattle and Live Cattle 3 months ago and selling Lean Hogs and Pork Bellies like mad. He/She is about to corner the market in that spread and then one day he imports a BSE cow into the US and makes sure the story gets public -- now he he is rich ......

When you look at the charts then it really looks that way - any comments ?

LoL, I thought about this too, but then I realized, where would I get a BSE cow??

trillenium · Dec 31, 2003

No guys -- buying feeder cattle and live cattle and shortening the pork bellies and lean hogs -- if you had done that last 3 months with huge sizes you would have pushed cattle prices up and hogs down --- then news break about BSE cow and you make a lot - Amateur ? I guess thats you

Where to get BSE cow ? Whoever is so rich to push prices like that also have the means somehow to get BSE cow

trillenium · Dec 31, 2003

... of course you you then reverse the spread before the news break -- but you made first on your longs and then on your shorts

ig0r · Dec 31, 2003

Quote from trillenium:

No guys -- buying feeder cattle and live cattle and shortening the pork bellies and lean hogs -- if you had done that last 3 months with huge sizes you would have pushed cattle prices up and hogs down --- then news break about BSE cow and you make a lot - Amateur ? I guess thats you

Where to get BSE cow ? Whoever is so rich to push prices like that also have the means somehow to get BSE cow

I'm confused, if you were long cattle and short pork, wouldn't both positions have gone against you at the break of the news?

Oops, you just answered that, ignore this

mind · Jan 12, 2004

just bumped into this thread - can't help saying it: you all are wasting time.