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cole sibley....chart update
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maydel
Posted 12/6/2012 14:08 (#2736358 - in reply to #2736111)
Subject: Re: cole sibley....chart update


Theodore, Saskatchewan
And now cattle move up for the day, with all the discussion I waited but should have bought this morning. Would have even been a nice day trade. LEG is now 131

I still focus on the fact that though price struggles it has not broke out through the overshoot and in six months when you could first say that it is going to happen we are now six months down the road and 10% higher.... it may be a matter of time but we do not know if it is at 126, 130 or 135. My opposing argument would be that it is not what price is doing but what it has not done.....and it has not broke out yet.....if it could not break out already then perhaps it will not break out.

Just my thinking and I will work with a trend change when it happens
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