A quick look at the cows and Tyson Foods given the recent Mad Cow scare.

The cows have been so strong for so long -- hitting record highs earlier this month -- truly a "bull" market. In the last two sessions, however, prices have been locked limit down.

Live Cattle futures (LCG4), Daily Chart

Tyson Foods (TSN) got smacked on both of the last two shortened NYSE sessions. Folks who have studied the Trading for Dummies lessons see exactly where they could have entered TSN on Wednesday with only about 1.25% at risk.

Tyson Foods (TSN), 30-minute Chart

I'm going to be flying back to London tomorrow, and hope to be in fine form for Monday's trading session.

Previous Entry >>> Giving the Gift of Gann