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11/03/2014 – Weyerhauser

  • November 3, 2014
  • Weyerhauser

Issued: 10/27/2014

Weyerhauser Company, WY:

1. During Thurs. (Oct. 23) live stock meeting it was noted that daily closes below $33.90 in Weyerhauser were the weaker position and may prompt new short entry.

2. Fridays (Oct. 24) session closed at $33.89 (neutral to $33.90) and today’s session advanced, closing the day at $34.03. This is clearly the stronger position and indicates higher prices, including a test/attempt at $34.40 (or higher). Therefore, Weyerhauser is now in a ‘Buy’ position.

3. From this point forward there should be no daily closes below $34.80 and a protective stop should be placed accordingly. Will update.

David Williams

Issued: 11/03/2014

Weyerhaeuser Company WY:

1. Our previous (Oct. 27) report indicated that Weyerhaeuser was in a ‘Buy’ position at $34.03 for continued advance and test/attempt at $34.40 (or higher).

2. However, Weyerhaeuser broke back below $34.80 stopping the position out. This resulted in a loss on the position. The market subsequently declined and completed the originally forecast downside target of $33.10/$05 on Oct. 30.

3. Weyerhaeuser reversed off the Oct. 30 bottom and is now again nearly completed the $34.40 intended upside target (today’s session high, $34.30, so far). While this is somewhat unusual behavior, further entry in Weyerhaeuser will be messaged as the market continues to confirm.

David Williams

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
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