Price Movements Are Certain?

A comment sent in from an old pro trader today. It is a comment he sent to an associate that he thought my readers might enjoy:

“This morning as I do every morning I checked on the “opening call” in the Hog market. These calls are often accompanied by comments from brokerage house analysts and I found today’s comments somewhat amusing. The comment was “price direction is uncertain due to the unknown direction of the cash market.” While I am not an English major I would assume this comment on some levels infers there are times when the movement of cash prices are “certain”! As I always say I seem to learn something every day! I continue to believe the best way to make money is by simply “following” the trend no matter what time frame you choose to be involved in!”

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