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Re: DH, I sure didn't expect------

a gap higher but I'll take the feeding frenzy on the north end anyway it happens------my hallucinations have become reality. I've had fishing lines setting @ 65.90 for 2 days and was going to lower them down to 65.75 after the first hour which I was expecting my south lines @ 65.50 would get hit by a school of suckers. The biggest surprise was the fast and furious run to my Deposit Orders @ 67.20. I didn't even have time to set my Damage Control------Oh the joys of fishing when you catch a pair of RUNNERS.

Now what----maybe it is or isn't done running but with only 4 more days for me to trade Feb, I'm going to switch my focus over to the April and June contracts. My hallucinations for April have me wanting to catch some of the remaining up move(if there is one) to my 71.40-72.00 target for my hedgers to get short for the coming March Washout. I have a special interest in the June hogs-----since I now have my Annual short June Cattle/long June Hogs on my books as of Monday. It's a bit early for me to have my long June hogs leg in place(I prefer to wait for the March Washout) but last week my upside target for June cattle was hit @ 109.20 and I have hedgers aggressively selling the 109 area on the June cattle. I normally sell the cattle a month or two before I put my hog leg in place but since I had the opportunity to get my desired $32 spread in place when June hogs were trying to decide if 76.50 was support or not-----I made a careless choice of what the heck, give it a try at 76.50 and risk 50-60 cents and see what happens.

Today that choice looks genius but tomorrow STUPID may raise his ugly head!

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The final Purchase Index for - - -
Re: DH, I sure didn't expect------
Thanks for your post, ITZ. I have been - - -