back to short, is the first thing that needs to happen, to set up the launch. Problem is, that process may take 3 more weeks to build the launching pad. Dec may be stuck in the favored $5 trading range all of the way through expiration. My guess is that Feb and April will reap the most benefits from the next launch.

I was getting nervous 2 weeks ago with hearing too many bullish sentiments being voiced throughout cyber land. I first wrote it off as another hallucination which allowed me to believe the 65.00 area was strong support. When Dec closed the week below 65.00, I knew the hallucination had become reality and I needed to be short. I did the correct thing to place bounce sell orders @ 64.70 which was 30 cents below the bounce target. Little did I know that the market was in a hurry to go down by only bouncing to 64.50. Really looks like a forced move that succeeded in unloading the north bound rather quickly. Once again I had allowed myself to be lulled asleep by the crowd. I woke up noticing the train was getting packed but the wake up time is usually slow and so is putting in the top. This was one of the few times that when the gravity effect takes hold, it really kicks in. It just doesn't pay to take a nap.

I don't feel as bad today for missing the hog selloff, I had a pair of short Dec cattle @ 144.50 that I made a deposit on 1 @ the 136.00 target and the other target is 134.85 and my stop is pulled way down to 137.95 so I'm still happy even if I get stopped out.