Posted 9/18/2015 23:23 (#4796723 - in reply to #4796693) Subject: RE: Sat, More cattle thoughts...
Monthly charts are clearly in a wave 3 decline-The most extreme of the waves-I cant see any support till 125-VS the Dec-Wave threes come fast and hard-So it could easily come in the Dec contract-Maybe even the Oct-There is an old saying in the markets-"Bull markets always go back to where they were borne"-That would be the 80 level in the cattle-But I guess maybe this time is different...