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Live Cattle
By:Ron
Date: Friday, 30 January 2004, 2:00 pm

We have a report coming out after the close today that is being talked up by the bulls. The action today has Refco, a large spec trader and a large local buying the April. If anything, they've managed to take some steam out of the bear spreads. What's it all mean? No too sure other than to say that I think buying this market is like skating on thin ice right now. It could freeze more and become solid or you can hit that weak spot and look out! It's almost like everyone has forgotten about Mad Cow and I think that could be a HUGE mistake later on. I'll wait til Monday before seeing what to do.

Messages In This Thread

Live Cattle
Ron -- Friday, 30 January 2004, 2:00 pm
Re: Live Cattle
Erich (vendor, CTA) -- Friday, 30 January 2004, 3:06 pm
Re: Live Cattle
Ron -- Friday, 30 January 2004, 4:32 pm
Re: Live Cattle
Erich (vendor, CTA) -- Friday, 30 January 2004, 5:31 pm