because it's Monday and a chance to catch me in my unfocused Monday morning state of trying get my focus back "In The Zone". The time change just added to my state of Monday morning confusion. I have a bad habit of using the wall clock for a time reference instead of the computer clock. That bad habit cost me some fishing deposit. The wall clock add not been reset and I didn't realize the correct time until the count down for the open. In my haste I hit 1 south end fishing line instead of 2 but I'm lucky I even got that in place. By the time I put my mechanical 50 cent deposit order in, it had already blown through 71.00 so in a state of confusion I just went with a market order. There was no need for me to be in a rush but out of habit and a mistrust for the first 60 minutes of Monday morning trade, I felt the pressure to get that first deposit in the bank.

I was a little surprised to see the first 5 minute trading range be the total move for the day and then stay in the bottom half the rest of the day. I can't complain since I got my desired $1 daily fishing deposits with an unfocused state of confusion. Sometimes the preset mechanical points are of great benefit but sometimes they end up being the pivots that take the donations. All in all, not bad for a dreaded Monday morning fishing experience. Mondays tend to take my donations, which is why I dread Monday morning trade.

The question I struggle with now is whether this has triggered the addicted $5 correction or if April hogs will be content with the $3 setback. The picture has changed somewhat, that has me thinking the market might just be content with that $3-$5 setback. My bottom uptrending support line suggests to me that 69.60-69.80 is all the downside that has to happen and the Feb 11th low of 67.90 is probably all that will happen to satisfy the $5 addiction. I have 1 set of April hedges still on the books and I have orders working to cut them loose @ 69.85 whether that is correct or not it will be $2 each to his benefit and if it goes back above 71.70 he won't have to worry about them costing him. If we see a daily close below 68.50, I've got a hedger problem of deer in the headlights until it hits the next potential support area where it will likely catch a significant bounce right after the hedger gives in to the emotional panic of sell the bottom. I'm not trying to belittle the hedger, I review their emotional tendencies(which I am also guilty of at times) to point out to them where the best place to act swiftly is at. When directional momentum is kicking in or after it has used up that round of directional momentum.

I think I'm starting to ramble, so it must be time to go home before my phone rings and I ramble on for another 20 minutes. That usually happens when I'm ready to call it a day.