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Re: DH, sidelines are the safest----

but not much fun or challenging. It is a good place to catch a breath of non anxiety air until more info gives us more conviction. From my perspective June hogs have worked themselves into a $4 contradicting undecided range between 80.00-84.00 to play with however long it wants to use that area. Still a very friendly technical chart picture that my bias is the 87.80-88.00 target that was marked with Friday's upswing. I went home for the 3 day weekend kicking myself for not adding another long.

Once again I was expecting my lines at 84.15 to get hit to start the day. To my surprise the south end lines at 83.47 got the honors. My first 2 targets were 15 cents apart and with my bullish bias on the confident side, I went to the bank with both shorts @ 83.05 and added a 2nd long at the same time. At mid day I started having hallucinations that the downside marked target from last week at 80.35 to 81.00 may actually get a test. I the shrugged the thought off but I did take a closer look at my short term cycle rotations that have left the door wide open for at least a retest of 82.00. Since this market seems in no hurry to go to the higher targets, maybe the 81.00(?80.35 also) marked targets have some reality for the retest thought. Maybe my hallucination is closer to reality than I care to believe.

Time will tell if my hallucination addiction is messing with my mind again but I couldn't ignore the possibilities so I banked the long 83.40 and am now waiting for 83.10 to rid myself of the extra short I threw on @ 83.40 when I dumped the long. tomorrow is a new day with a new set of fishing parameters. I think I will leave my bias at home and let the market surprise me, since it seems to do that anyway.

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The CME component on the kill for - - -
Re: DH, sidelines are the safest----