MURICO.com Forum

Re:Dewey, I could sure use
In Response To: Hogs by Dennis Smith ()

some fundamental cash input from DH. I started selling Dec hogs today at 97.20 but I spread them with long Oct at 104.70 which doesn't make any logical sense to be long Oct with the premium it has over cash. I just figure I'm $2 too early on the Dec so I have spread something against it. The market did me a favor on Friday by not hitting my 95.50 sell orders for Dec. My next target was 97.20 so that's where I had orders sitting. There's always another projected target so now I'm worried about a run to 98.50-99.00. I always remind those I talk to, that for every chart high or chart low, there's always another projected target THAT DOESN'T GET HIT.

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Hogs by Dennis Smith
Re:Dewey, I could sure use
Re:Dewey, I could sure use