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cattle market
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winger
Posted 4/9/2010 14:49 (#1156196 - in reply to #1156166)
Subject: Re: cattle market


swmn/soin
Guess that makes sense too...but does the market really care if the producer is making money or not?
You have valid points from a fundamental standpoint. I prefer to look more to the technical side of
the equation. From the looks of the April cattle chart, it appears we are working on an upside wedge
which would mean we go back to the beginning of the formation or $94.00......so am I bearish??
I would say more along the line of overly cautious.........the market needs to convince me that I am wrong.
Would be interested in Senior Citizens take.....
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