8/11/15 was down -0.34 to 78.50. The component is now the QQQs by 0.87. Traders are thinking the lower bids yesterday will continue long enough to bring the Index down to the QQQs. That sounds about right to me. I sold my last long QQQ this morning for my targeted profit. It will take a fair dip to get me back in from the long side.

Now I must turn my attention to the VVVs. I always hate trading the VVVs. I almost always think they must go lower but they often don't and I suffer.

The six-day moving average carcass weight eased to 209.58#. That's -3.79# yr/yr and +6.39 over 2013. Packer hogs were a little heavier and non-packer hogs were lighter. Packers really don't mind killing heavier hogs.

I mired down trying to get a sense of what to do next. I'm wondering if I dare short the VVVs on this "Pop"

Best wishes,

dhm