Wednesday, March 28, 2007
More Activity - buying hogs this time :-)
Per my post on March 21, titled "Alpha Fund changes" - the second "PPS" item, I bought some December Lean Hogs on the break of 66 yesterday. My thinking is that hog conception rates were low during the cold February and that farmers planned to raise fewer hogs due to the high price of feed (corn, etc.). Since hogs need about 9-12 months to be produced start to finish, I figured that December was the play for my ideas. NB this is a re-buy as I played them successfully before on the recent big move in corn.
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5 comments:
wow ben speaks plain english and it makes no sense. Elmer got him good. i highley rec todd harrison opening piece this am. but it will make u wanna bunk down.
food and gasoline going straight up, economy growing below 3%.
one of these days they will come up with a term for that.
for now i call it stagger lee
Stagflation is starting to look like a bigger risk now, if the inflation becomes sticky. But if the core PCE or CPI numbers start to drop again, then it's sayonara stagger lee.
is it gud or bad the dow and the S&P have givin up most of last weeks rally, and the markets r still clearly overbought.
economic risk is up, per ben. and geo risks r up, per iran.
the cops r knocking here. for some reason they think im running a whore house here.
my response is gud sir, im just a retired investor, turned into a simple slut, living off a pension.
the bears still act like groosman is calling the plays, looking for longs. so what if stagger lee is the reality, its not perception, YET
rofl. ben saying that both inflation have gone up, and economy slowed down. y we rallied so much off that fed statement was mind boggling.
he really sounds nervous, becuase he knows the reality isnt gud, imho
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