Live Cattle Dying Out?

April 3, 2002
Dave Landry

Each evening we
focus on the most interesting aspects for the upcoming
trading day. The comments are based on observations of the
nightly updates of the Futures and Market Bias pages. They
are provided for educational purposes only and are not
intended to be direct trading advice. Also, keep in mind
that these remarks are made up to 12 hours in advance of the
markets opening. Therefore, overnight events may alter the
outcome of these observations.

April live cattle
(
LCJ2 |
Quote |
Chart |
News |
PowerRating) appear to be stalling out in their recent rally
from lows. This action suggests that they may have one more trip to those lows
left in them.