Friday, June 17, 2005

Pork Bellies & Live Cattle

YOU MUST ALWAYS BE AWARE THAT THERE IS SIGNIFICANT RISK INVOLVED IN TRADING FUTURES AND/OR OPTIONS ON FUTURES AND ARE NOT SUITABLE FOR ALL INVESTORS.

Trade Recommendation: Buy Aug Pork Bellies @ 61.00/Target 64.00/Stop Close 59.40

Buy Aug Live Cattle @ 78.00/Target 82.00/Stop Close 76.00

The 9-day RSI under 20 suggest that both markets are extremely oversold.

International Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
tony@ifgfutures.com

0 Comments:

Post a Comment

<< Home