making the choice do I hold or fold. Hooked a pair at 76.00 and to my surprise, another pair at 76.85. My deposit orders on the first pair at 77.10 had to be banked but I wasn't even thinking my lines at 76.85 would be hit, so I hadn't planned that far out to give thought to yesterdays high getting taken out the first hour. The 60 min close above 77.20 is a very positive sign tempting me to hold for the 78.00 target. The argument is that it doesn't have to do it all today but it could with more fingers on the panic button. It's always tough when emotion and greed start to argue with rational thinking and the prime directive.

This is where I always remind myself this is a sizable catch and I can always get back in on another setup since we have not run all of the bears back into their caves, they are just a little dazed at this time. I've got a crop report to trade in 45 min, so I just cut loose of the second pair at 77.45 with no regrets at the moment. If they take this limit up at least I know, I was in tune to the possibility but other responsibilities took me out of the game since I did not want to put myself at risk of losing my $1.20 deposit. Tomorrow is a new ball game and it's highly likely a fall back to where it started the day will happen.