Posted 4/12/2019 09:52 (#7435097 - in reply to #7435077) Subject: RE: China is in for pork in a huge way this week
Bigalbert2332 - 4/12/2019 09:43
That was for you when the tomatoes were ripe. The energy of the first wave up has slowed much like when you or I get on the end of a shovel and scoop like a madman and need a chance to catch your breath before you go at it again. Throw away the 2014 charts with the huge upswing and resulting death in a 6 month period. This one has the potential fundamentally to be a solid steady strong market for 2 years. We do not need this market to go wild like it did in 2014. I think we can get to 114 if it slows here and everybody catches their breath. It will happen late summer I think. All pending ASF.
Possible sure. Kinda thought 110 was doable initaly but the facts have been IMHO, that price has been struggling too do things it should have done with no problem. This is simply a larger degree correction in bear market. It most likely will not end well when its over so managing risk is key in whatever way works for you.