Futures Market - Meat Highlight #1
"FND SLAMMER" and "FND LAUNCHING" combine to produce 18 month low in live cattle market followed by stout rally.
(COMMENT #s 39, 64)
UPDATED 19980120
COMMENT 1998-39
Now let's do the same thing on pages 361 and 116 of "The 1998 $upertrader's Almanac - 1st Half Edition" for trade # 49.
1. Why is this market listed on page 119 as a "FND SLAMMER", a "FND LAUNCHING", and a "SEASONAL LAUCHING" for trade # 49?
2. Can you identify the important dates to focus on IF this market is still lingering near the lows on these dates (Hint - see the "SEASONAL LAUCHING" information on page 119)?
3. If you do not know what these terms mean or what to do with them, can you turn to the Index on page 399 and look under "FND SLAMMER" and glance at the information through page 38?
UPDATED 19980210
COMMENT 1998-64
Don't overlook the markets reviewed in COMMENT #s 38, 39, and 40.
These markets had explosive corrective upside moves immediately after they were reviewed in those COMMENTS.
Now look at the date projected in those COMMENTS (yesterday).
The reason why this date is so important to these markets is explained on pages 32 (bottom) to 38 of "The 1998 $upertrader's Almanac - 1st Half Edition".
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