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Strategies & Market Trends : Grain Futures Trading -- Ignore unavailable to you. Want to Upgrade?


To: MJR who wrote (276)12/1/1998 2:56:00 PM
From: nicewatch  Respond to of 645
 
Mike, Good luck on your trade. OT: hogs gave me a buy signal this morning which I didn't follow... I had to finish a paper, and couldn't trade. Do you follow the meats at all as they relate to grains? I find the meats to be very cyclical like the grains. Hog prices have declined a lot since 96. See post 252 on this thread for my opinion and chart. I wonder if this low (assuming it holds) will be a V type bottom with prices getting swept back up... or if there will be a base building period. Time will tell. Talk to you later Regards, Frank



To: MJR who wrote (276)12/1/1998 6:13:00 PM
From: nicewatch  Respond to of 645
 
All: updated charts at geocities.com As always, feel free to comment or throw stones. I added an alternate bearish bean ewave count, since I am still unsure of the count. The two shown are the most likely (bull and bear) scenarios... FWIW. later Regards, Frank