Posted 9/19/2015 20:18 (#4797977 - in reply to #4796723) Subject: RE: Sat, More cattle thoughts...
Just wanted to clarify my statement of the monthly cattle being in wave 3-Wave 3 characteristics are being exhibited in the daily and weekly time frames-Monthly prob still is in wave 1-Which is good-Monthly will take lotsa months or years to bottom out at its price objective-Which I believe will be 80 or 90-Threw the 90 in because the markets do respect the inflation factor over the long term