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Cull and sell high and buy low price
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<blockquote data-quote="Stocker Steve" data-source="post: 1390067" data-attributes="member: 1715"><p>Market timing is a tempting, but few if any people can do it consistently. This time it was supposed to be different in the commodity world because China would buy up any surpluses. :lol: But, those greedy for profit communists have learned some bad bad leveraging habits and now they have several huge bubbles they are trying to unwind.</p><p>The traders target making money on the way up, and making money on the way down. This can be done more consistently than market timing, but there is the issue of avoiding a loss of net worth. So you see a few folks move into the custom grazing business to let someone else take this risk.</p><p></p><p>uscangus - what are you doing with your pastures during the four years you are out of the cow/calf business?</p></blockquote><p></p>
[QUOTE="Stocker Steve, post: 1390067, member: 1715"] Market timing is a tempting, but few if any people can do it consistently. This time it was supposed to be different in the commodity world because China would buy up any surpluses. :lol: But, those greedy for profit communists have learned some bad bad leveraging habits and now they have several huge bubbles they are trying to unwind. The traders target making money on the way up, and making money on the way down. This can be done more consistently than market timing, but there is the issue of avoiding a loss of net worth. So you see a few folks move into the custom grazing business to let someone else take this risk. uscangus - what are you doing with your pastures during the four years you are out of the cow/calf business? [/QUOTE]
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