Authored by Christopher B. Swift
July 08, 2008

Offering technical & mechanical analysis for
the improvement of risk management.



 Email Address:

cswift@rcgdirect.com

Please direct all requests for information to this address or feel free to call.  I do not mind being called. Toll Free 1-877-863-2206

Mid-Day Cattle Comment:  Subscription is free.  To sign up, simply click on the "Mid-Day Cattle Comment" link found on the main page of this website. Please take the time to fill out the form completely.  Incomplete forms will no longer be added to the Mid Day Cattle Comments.   www.shootinthebull.com

Futures trading is not for everyone. The risk of loss in trading futures can be substantial; therefore, carefully consider whether such trading is suitable for you in light of your financial condition. Past performance is not indicative of future results, and there is no assurance that your trading experience will be similar to the past performance.

Live Cattle:

Today's price action didn't change the analysis any.  Actually,  I think I'll be looking to be a buyer if October is able to show some strength tomorrow.  I will want to be long the August and October contracts.  Both charts look bullish.  The seasonal tendency is for both months to move higher from now until expiration.  The August seasonal is literally straight up.  The October has two dips before expiration.  With cattle on feed not going to change by much between now and October, it is anticipated that the fewer placements could keep a firm tone on fats. Watch for the mid day cattle comment early tomorrow after the opening and we'll see if the indicators line up. 

      Feeder Cattle:

I recommend maintaining a long position in the August and October feeder cattle with a sell stop to exit only at $107.00 August and $109.80 October.  I want to be a buyer of feeder cattle in the morning.  Barring any catastrophe in the morning, I'll be looking to be a buyer soon after the opening.

Corn:

     cswift@rcgdirect.com     

New Account Forms Click Below

Account Forms

Live account forms on line.  They are very simple to use and can be filled out in a matter of minutes. I hope I have earned the right to execute some of the trading business you do.  If you have any questions or would like further information, please feel free to contact me at anytime.

Rosenthal Collins Group Home Page

    cswift@rcgdirect.com


Futures trading is not for everyone. The risk of loss in trading futures can be substantial; therefore, carefully consider whether such trading is suitable for you in light of your financial condition. Past performance is not indicative of future results, and there is no assurance that your trading experience will be similar to the past performance.

144 2nd Avenue N., Suite 207             Nashville, TN  37201             1-877-863-2206                 cswift@rcgdirect.com

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