was treacherous and it contributed to my having the worst month since April 2013. I see it is still falling for those with more spine than I to stick with it. I was also given a body slam by the long Q/V hog spreads I have piled onto my boat. I had confidence in the Q/V hog spread and ADDED to it on the dip. Sure enough, it is flipping right back and I am within striking distance of a new high water mark for the year. Calendar spreads have just about become my "Bread and Butter" trades.

Best wishes,

dhm