S spreadem May 8, 2003 #1 It looks like a June live cattle topping formation if we see a close below 72.40.
S spreadem May 8, 2003 #3 Live cattle prices seem to peak in March/April and trade sideways to lower into the summer . When there is a very hot summer look for liquidations which drive prices down. While I'm not picking a top yet, I am alert to topping signals.
Live cattle prices seem to peak in March/April and trade sideways to lower into the summer . When there is a very hot summer look for liquidations which drive prices down. While I'm not picking a top yet, I am alert to topping signals.
S spreadem May 9, 2003 #4 June cattle blows through Mon/Tues highs. This contract still looks bullish. Obviously not a top yet.
June cattle blows through Mon/Tues highs. This contract still looks bullish. Obviously not a top yet.
S spreadem May 14, 2003 #7 June LC had trouble holding (Monday and Tuesday) (5/13-5/14) at the 74.70 area. Put options are building premium. Time for a pause in the most recent bull run. Let's see how Wednesday's action goes.
June LC had trouble holding (Monday and Tuesday) (5/13-5/14) at the 74.70 area. Put options are building premium. Time for a pause in the most recent bull run. Let's see how Wednesday's action goes.
I indahook May 14, 2003 #8 Quote from spreadem: Time for a pause in the most recent bull run. [/B] More... Pun intended?
S spreadem May 15, 2003 #10 bought em back at 40. The market isn't breaking down. Now watch tomorrow the market will break down ... oh well.
bought em back at 40. The market isn't breaking down. Now watch tomorrow the market will break down ... oh well.
