MURICO.com Forum

I didn't expect this either------

but I did have my fishing lines set 60.92 south end and 61.75 north end. I figured one end would get hit and was wanting the north end to happen. I did think and still do believe they have push Dec hogs low enough but now we have all of the bottom pickers to wear down and give up on the idea before the reversal can happen. I'm glad I passed on my desire to join the bottom picking crowd, it was very tempting. Made my deposit @ 60.40 on the pair, so I'm happy.

It looks like a break of yesterdays high of 62.12 could produce a sizable profit taking move, so I have thrown a pair of lines out @ 62.15 that might sit there long enough for me to forget about them since the low may not be put in place until the middle of next week. For whatever reason, it does look like the market is bent on forcing a test of Dec's Aug low. I guess I got in too big of a hurry to make deposits but I always remind myself, being correct for a moment is hard enough to achieve but expecting perfection is beyond my capabilities. So be content with that moment of correctness and cash it in.