MURICO.com Forum

Re: DH, my Dec bias is still-----

looking for the 50% retracement to 69.15 but I don't have any longs on at the moment. Just 1 short from a pair I snagged @ 66.92. Deposit for 1 was made @ 66.70 and patiently waiting for the 2nd deposit @ 66.55 that I'm starting to get a bit of anxiety with. Damage control is now pulled down to 66.85, so I don't have to deal with the Prime Directive anymore today. OOPs, looks like damage control did its thing, just as I was thinking 30 cents profit is better than 7 cents that doesn't leave much pocket change. I have never figured out how to tell if anxiety is real or a hallucination.

All in all, this has been a very good day. Now to see how serious the hog market is about triggering a weekly sell signal with a break below 66.35. We won't get that answer until the close on Friday. In the 2 days remaining it can certainly go for a fake out, trigger a daily sell signal @ 65.20 and then come back and close the week still above 66.35. Hogs have been very consistent with $3 setbacks off of new highs to come roaring back to kiss the next progression target, which is now 69.15. TO BE or NOT TO BE that is the ???.

Messages In This Thread

What a day--the fish are hungry---
Re: What a day--the fish are hungry---
Sometimes I get the feeling, Dewey, that - - -
Glad to hear fish were biting, ITZ. i - - -
Re: DH, my Dec bias is still-----