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Buxton ND | I stick with my comments from Friday. I think my target was 141-42 on that trampoline bounce post.
Friday's strength was short covering rally driven late in the day by strong cash.
How much of that strong cash was feedlots holding fats off the market as it rallies, trying to feed your self out of a loss ? ? ? Should have learned last go around that, that makes for some really really heavy weight pokers coming to town.
142.44 is a 50% RT from summer highs to the fall flush lows.
145.88 is 62% both these level have other goodies to back them as targets.
Maybe today would be a good day to play "Bid my Cattle" with the buyers ? ? ? Get alittle better bid, move them and NOT end up with #1800-1900 pokers again.
I use pokers because all those big fat heavy hogs coming to town last year bit the hogs guys in the back side filling the freezers, cattle are no different.
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SAT, any additional thoughts on cattle?
