MURICO.com Forum

Will Dec hogs have------

one more $10 Flush to find the hog market low for 2023? That is the question my producers have been asking me every time it grabs a 5-6 dollar rally we have been taking advantage of the opportunity to throw those hedges on again. It's happened so many times, I'm afraid it has become an addiction that will probably bite us hard and this is our last chance to see if our Lucky Hedges work again. We are still waiting for our goal of a $10 Flush, so I've been proven wrong 3 times but none have been a failure. Can't complain about 6-7 dollar profits 3X in a 30 day swing from Hi to Lo so we did get the $10+ Flush.

I'm a big advocate of my Lucky Number 3, so I'm nervous about trying to do it a 4th time but the setup is there and I made the mistake of telling my producers back in August that I had Dec pegged to find the low the last week of Nov or first days of Dec with a target at the 60-63 area. They refused to let go of those thoughts even though I'm not feeling very confident about my own thoughts. We will soon find out if I'm right or wrong and I'm telling them to be ready for a $2 bite of their profits. We sold Dec hogs yesterday @ 71.80 and have stops set @ 73.80. Sooner or later what's been working, stops working.

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Will Dec hogs have------
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