not for your sake but mine. I get tired of some of my hallucinations that make me look stupid. My corn market hallucinations, have me looking STUPID at the moment-----my producers took their 80-90 cent hedge profits @ 3.50-3.60 and Friday we where buying up 360 & 370 calls and feeling/looking STUPID for doing so. Now after a week of talking to some that have spec trading tendencies about the potential $5 bounce I've been hallucinating about, a few of us gathered the courage to buy August hogs @ 75.20 late in the day.

A new fishing hole has opened up for tomorrow morning that needs to stay above my Damage Control @ 74.77. What I would like to see is------my north lines @ 75.95 get hit. That should open the door for my deposit orders to be sitting @ 76.35 and 76.70. If it makes it past 76.35 it should go after 77.15 and that could trigger some panic short covering if cash could manage to get an up tic. Anyway, I'm getting tired of that STUPID FEELING but it always seems to set into me when I have qualifiers for potential reversals that leave me no other choice but to trade the hallucinations while I wait to be vindicated from that STUPID FEELING. A 5 wave down movement of 3 legs down is in place. This last leg could still need to an additional 50 cents below the 73.82 but it is a qualifier the way it sets. Completion of a 5 wave movement generally bring on some sort of retracement rally or impulse wave of a 23-38% retracement. In this case that gives me a potential target area of 77.75 to 80.17 to retest the broken support @ 78.10-79.00 that should have held. That would give me the $5 rally I've been hallucinating about.