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Hogs & Bonds; Strange Bedfellows


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Jerry Welch, Commodity Insite!
Call me at 406 -682 -5010
Ennis, Montana 59729

Follow me on twitter@commodityinsite

Here are the trading suggestions I offered yesterday in my twice a day newsletter, Commodity Insite. Note the time sent.

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SPECIAL EMAIL ALERT!


Sell (1) April lean hog at $75.30, (1) more at $75.75 and (1) final contract at $76.00. The high today is $75.22 with a last of $75.15. This suggestion is good today and into tomorrow at 10 a.m.

The time is 11:11 a.m. Chicago.

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Today, the trading suggestions from yesterday ( see above) were filled at $75.30 and $75.75. The hog market flurried upward early to hit my sell points but closed lower at $75.10 or so. I also sold February hogs today as high as $71.82 and not only did they close lower at $70.90 but posted a downside key reversal to boot.


And a few days ago I suggested here on Inside Futures to sell short the Treasury bond market. As I type furiously away, bond futures are down 1 full point and a tick. I exited shorts in bonds today for brokerage clients but will sell the next rally. And those that followed my advice in shorting bonds should move stops down now so the trade does not turn into a bummer.


There are some great opportunities surfacing daily. But to take advantage of them one must be kept informed with timely information. And that of course, is why my newsletter comes out twice a day along with any Special Email Alerts when necessary.


Lately, I have been selling bonds and the oinkers. Talk about strange bedfellows!


The time is 1:25 p.m. Chicago

This material has been prepared by a sales or trading employee or agent of Midwest Market Solutions and is, or is in the nature of, a solicitation. This material is not a research report prepared by Midwest Market Solutionss Research Department. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.


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The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Trading advice is based on information taken from trades and statistical services and other sources that Midwest Market Solutions believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice.There is no guarantee that the advice we give will result in profitable trades.





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About the author


Jerry Welch has been in the futures industry since the late 1970's and is a true veteran of the markets. He has been quoted often in Wall Street Journal and is author of Commodity Insite, one of the longest commodity futures newspaper columns in history. His weekly column has been published each week since the mid 1980's and is one of the most recognized names in the world of commodities.

Mr. Welch is also known widely as a, "so so" flyfisherman.  

His column is published by the Illinois Agri News in La Salle, Illinois, Cattle Today, in Fayette, Alabama as well as Consensus, in Kansas City, Kansas.

He can be contacted at 406.682.5010 for a view of his, "twice a day" market column that includes price forecasts and trading suggestions.

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