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Re: Today might be hard to figure

which direction Oct hogs want to go. I was stopped out of my remaining catch late yesterday, that I had intended to carry over to today. Even though it was afternoon trade which you have to take with a grain of salt, my damage control taking me out was the only clue I had for choices of how to manage my 2 longs that I'm thinking have a chance to at least give me a $2 profit, but expecting $5. We well know the song for expectations. I also know, that 2-5 dollars won't come easy but that's the fun in the challenge of managing my risk to maybe grab that reward.

I had no other choice(the risk factor) but take the side of momentum from late yesterdays damage control hit to close my eyes and place a market order sell at the open with damage control on the sell @ 66.00 and a target retest of the desired 65.00 support. It was purely a gut defensive guess so I was a little surprised that the market made it so easy for me to be correct on a market order at the open. Something I rarely have the courage to do. My intuition must be a 10 today. It wasn't fast enough to warn me 65.50 would be the bounce stopper. When it broke below 65.25 the second time I decided something was fishy. Probably the south end fish still hungry and I was able to grab another pair @ 65.05. Now I sit here waiting for my 64.50 target and wondering if that will happen. Damage control @ 65.20 a bit too close but I don't want to give back all of my first profits if my north end lines get hit @ 65.60.

today might turn out to be more of a challenge than I can enjoy. It's a good thing I have a slow day for my other responsibilities. Maybe spoken too soon, the feeders are calling my attention-----might have a counter reversal taking place.

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Re: Today might be hard to figure