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Napanee, Ontario | +1
I've been hearing this is spec driven... is going to crash, turn, for nearly a year now. The whole way up i've seen sales on this board and calls for corrections at every nickle increase. While I don't disagree that hedging is an excellent strategy to minimize risk... please remmeber that's what it is. It is not a predicator of market direction. Just because someone decides to hedge their feeders, doesn't mean that anything above that is now specualtion, or bound for a correction...
Lot of feeders here just don't want to beleive the prices it seems. So sit it out then. Do your part to take the bid pressure off FC and ask pressure off LC, and get involved when you think prices should be. That's what makes a market. | |
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Help me figure this out
