How do we know whether "they" are panic and when?

Discussion in 'Psychology' started by NoMoreOptions, Dec 27, 2003.

  1. This is a million dollar question.
  2. ig0r


    Who's they? Folks long live cattle were (are?) in a semi-panic, how do we know? Simple, those on the right side have been long for a while now and are trying to unwind into falling market which no one could have predicted
  3. T-REX


    As a recovering Live Cattle futures trader I must say that you are correct in saying that "no one could have predicted".

    This is the chart before the rumor:

    It will be interesting to see how much this changes things on Monday 29th Dec 2003?

    If the Cattle futures "crash" then I will "BUY" once the market hits greater than +2 sigma, preferably +3 or 4.