Became a new play Feb 17. Buy range 42-44, but if it traded to 51 cancel.
Feb 28 updates buy range to 44-46 with no indication that 51 cancellation was no longer in effect.
Current update still has HRL listed although it's pierced 51 a number of times (in fact reaching it's all time high of 53.19 March 7).
Cancel or not to cancel? I vote for keeping it in although I'd favor upping buy range. Not sure we'll see the price of 46 for a while. Right industry at the right time. Plenty of junk food for the masses.
As an aside, I see the retired CEO (11 years) Jeffrey Ettinger is running (as a D) for the vacant congressional seat left by demise of Jim Hagedorn (R). Plenty of scandal swirling. Hagedorn's widow thinking of running causing GOP leadership heartburn.
..whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government..
Budge wrote: ↑Fri Mar 11, 2022 2:25 pm
Cancel or not to cancel? I vote for keeping it in although I'd favor upping buy range. Not sure we'll see the price of 46 for a while. Right industry at the right time. Plenty of junk food for the masses.
This has happened quite a few times with TIT plays. Generally, I follow the most up-to-date instructions, i.e. if there is no mention of cancelling a play in the most recent publication, I assume the previous "cancellation" instructions have been ... cancelled.
Buy Fear, Sell Euphoria. The Neonatal Calf undergoes an agonizing birthing, while the Bear falls into hibernation.
Budge wrote: ↑Fri Mar 11, 2022 2:25 pm
Cancel or not to cancel? I vote for keeping it in although I'd favor upping buy range. Not sure we'll see the price of 46 for a while. Right industry at the right time. Plenty of junk food for the masses.
This has happened quite a few times with TIT plays. Generally, I follow the most up-to-date instructions, i.e. if there is no mention of cancelling a play in the most recent publication, I assume the previous "cancellation" instructions have been ... cancelled.
That's correct, follow the instructions in the latest update
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply
The end is always near; its the beginning and how you live each moment that counts the most
