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one more loss report for Diamond-June contract
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garvo
Posted 4/5/2012 08:58 (#2322241)
Subject: one more loss report for Diamond-June contract


western iowa,by Denison
Even though Diamond doesnt like my reports-the last of my venture in to the cattle market of June live cattle!
Got to thinkin maybe I should lower my out on June after being called a daytrader so in just the nick of time-I dropped it to 1.15-yesterday it went to 114.95-so i was stopped out!here's what happened in about 14 days-and now the cash market yesterday was around $1.22 or about $5 off-lots of money being coughed up in the last 15 days-that market going higher really bites when your right in the thick of things-one reason why I hate the actual live cattle market-on top of the world 1 day-looking for the bottom the next day-will agree with Markwright as there is a bull market-but as a cattle feeder I have to function in reality every day-good luck guys -this June market will probably go higher now as I'm out!



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