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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (763)4/4/2000 2:06:00 PM
From: Chip McVickar  Read Replies (2) | Respond to of 33421
 
I think this just killed the psychology of these recent markets.

It's all over for a number of months.

Much lower prices coming every where...!



To: GROUND ZERO™ who wrote (763)4/4/2000 2:34:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 33421
 
Here's the news that killed the markets. <<smile>>


Tuesday April 4, 2:07 pm Eastern Time

USDA daily cattle and hog slaughter
Est daily livestock slaughter under Fed inspection - USDA

CATTLE CALVES
Tuesday 04/04/00 (est) 127,000 5,000 362,000
Week ago (est) 125,000 5,000 367,000
Year ago (act) 128,000 5,000 376,000
Week to date (est) 253,000 10,000 727,000
Same Period Last Week (est) 253,000 11,000 731,000
Same Period Last Year (act) 237,000 9,000 674,000


HOGS
Tuesday 04/04/00 (est) 362,000
Week ago (est) 367,000
Year ago (act) 376,000
Week to date (est) 727,000
Same Period Last Week (est) 731,000
Same Period Last Year (act) 674,000

*** Revision on Monday's Hog Slaughter ****

365,000 (down from 370,000)