You are correct Itz, I have made all kinds of mistakes over the years! The latest and greatest for some time is this trade! I think hogs will go up some time I just don't know when! Of course I thought I knew or I wouldn't have so many long. The only thing that could have prepared me for this was trading bellies for so many years! Bellies would not punish for as long as these hogs do! I had a run of good luck for a few months and then this down draft hit! This week or the week after Thanksgiving will be the largest slaughter of the year. As slaughter peaks, demand may take over and move prices higher. A few days back you mentioned Dec might not have time to recover, it would probably be Feb and now I agree with you!
If everyone has been doing the opposite of me they are having outstanding trades! I have not been posting much as I didn't want to mislead anyone! I am ready to eat Crow for Thanksgiving but hope to have an outstanding Christmas!!
Dewey