I should probably say my trading was strange today. Either I've gone brain dead and headed for a beating or I'm going to stumble into a decent cattle/hog spread by accident-----which usually is the case for my most productive cattle/hog spreads. I did buy June hogs at 79.50(not planned) just an impulsive reaction to the situation I found myself in after I was already long June cattle at the open. What the heck-----I want to be short the cattle. All in due time if I'm correct about this retracement rally for the cattle.

I had given up on the idea of the cattle hog spread but saw a potential opportunity to catch a 3-5 day friendly cycle for the cattle needing a retracement rally to validate resistance @ 126-127. The setup was there for an impulse wave to begin today but I couldn't find a reliable low risk buy area so I tabled the thought when I went to bed last night. When I checked the bid/asked before the open, a light of brilliance popped in my head, when I noticed the bid/asked. It was setting with a gap just above yesterdays high, I had to take that as a clue that if it did open with a gap higher and got above the 122.90 from 2 days prior, it had a good probability of kicking in extra up momentum. Not my ideal momentum trigger but if it could manage to push above 124.87 it could trigger more up momentum to go after more menu targets @ 126.35 and 127.50.

It had potential so I threw a fishing line out @ 122.92 and got the response I was looking for----the fish were hungry. The close gives a look that the next target @ 124.87 has LOCKED ON if I don't lose it at Mondays open. I wasn't even thinking about the cattle/hog spread or buying June hogs unless my fishing lines @ 80.15 and 80.67 were hit. I expected the 80.15 to get hit but 30 minutes into the day I noticed the hogs had kind of stagnated at the 79.50 area and that's when it hit me that 79.50 might be my clue to get the long leg back on for my 3rd try. The cattle had what appeared to be a mission to go after the 124.87-126.00 targets, so I just reacted(without a plan) 15 minutes later it looked as if buying hogs was not going to last long as the fish were headed towards my south fishing lines @ 79.20.

The strange part about today, is me carrying 3 positions into the weekend(1 cattle and 2 hogs) when all I was expecting was a slow day with the usual pair of suckers that gives me a 60 cent deposit and I go home for the weekend with nothing to worry about. This could cause a little anxiety come Monday morning but Damage Control is supposed to keep the pain minimal. Deciding on correct Damage Control for Monday morning is easier said than done since it's a whole new ball game.