has me worried or cautious at the moment. I also have to believe they will be above 78.00 at expiration but between 80.00 and 84.00 there's a lot of heavy weekly/monthly chart resistance to blast through with record numbers of hogs that the trade doesn't recognize the negativity of that aspect since the last report showed a slight decrease in hog numbers. What most overlook or don't realize is that the march report is always the lowest numbers of the year------that's why we have such a precision timed seasonal upswing.

Many also overlook the fact that on the tail end of the 9 year cycle the June and/or the Sept reports blindside us with huge number increases. We are already at record numbers in line with the record numbers of 98 and 07 that had a bullish fever(party on the northbound) in May and June that came to a screeching halt for those 9 yr cycle lows with one mega hangover that in 98 had the hog market and producers on their Death Bed. I only expect(hope for producers sake) it is only a 2007 type of test. However, we had the 2014 PED distractor that shamefully(on rumor alone) blew the top off with a historical overextension. At some point in time the Balance Addiction has to balance the topside Over Kill with downside Over Kill. A simple law of physics that the rules of engagement have no other choice but adhere to.

Let's enjoy the seasonal rally but don't forget the hog market has a downside surprise coming by the 4th quarter-----or sooner. It could surprise with a show beginning before the 3rd quarter ends. There's a slight chance, that June report could be a SHOCKER.

I've got to get a grip on my hallucinations------but some of them do become reality.