has had my attention for some time and causing my Hallucinations for a $10 rally for August hogs to grow stronger. You are probably correct about that Gap closing Dance to be some Dance. This washout sure smells like a RALLY set up to me. Adding to my bias is all of the frantic calls from producers telling me we need to get more hedges on. Real panic from the guys that sat and watched last years drop rob them, rather than take my advice to hedge.

Now they act like they did everything right last year and I'm just crazy thinking there might be long term support at 79.00. I tell them they are right about one thing-------"I am crazy for thinking there might be support @ 79.00". I'm also crazy for thinking Aug might rally $10 off of 79.00 or even 76.00 if it wants to dig that deep of a sink hole. I'm not only crazy but also a fool if I ignore the track record for past Hallucinations that have eventually became Reality. My active hedgers got short between 81.50-82.00 on Friday for 30% and I'm not real confident we will be riding them very long and will not risk much more than I risk on my long term spec trades. A sell signal was triggered Friday so we have no other choice but to hold them until it changes direction.

Damage Control is just as important for hedgers as it is for me a spec trader------they just have a bit more breathing space to work with. When your on the wrong side, its an open invitation for the market to rob you for every cent you have. Too many hedgers just can't understand this until they realize they have been robbed.