MURICO.com Forum

Re: DH, that type of slap-----

in the face always shakes a persons confidence------at least it does mine. I guess I can't complain about leaving a dollar on the table with my Aug guess. I do have a negative cycle kicking in on the 14th-15th which is why I was brave enough to make a guess on Aug. Every market was down yesterday except hogs-----which also added to my confidence.

I have a spec trader that has been long July hogs with 20 contracts from 80.50 after he took an 11.00 dollar profit on his 20 June hogs. I've been begging him to take his profits the last week each time it went above 83.00-----he finally listened to me today @ 83.20. I'm sure he will want to get long again before the day is over and he might be correct but his track record proves otherwise but lacking the wise part. He was directed to me last year after buying 50 contracts of corn to re-own 90% of his whole crop @ near the high 4.35. I've been trying to teach him how to manage his market risk.

Messages In This Thread

The CME Lean Hog Index component on the kill for -
Re: DH, that type of slap-----
Re: Trying to give my guy------