upside target at 68.10 They caused some anxiety by waiting until late in the day to give me my 68.00 deposits. I had intended to hold 1 into tomorrow but waiting for the deposit took away all of my courage to see if 69.00 would happen tomorrow. I very lightly started a few hedgers @ 68.50 and will have almost everyone short 20% at 69.50-70.50 if that manages to happen. If 72.00 happens we get real serious but at the moment we have no idea whether it will or won't.

I do have Hallucinations that it may happen, so I favor the thought of my north lines continuing to get hit. My hedgers are never happy when I let it slip that I'm long and they are short. So many have a hard time grasping the differences between spec and hedge Rules of Engagement, no matter how many times I explain it to them. The only thing that helps is when I tell them "I may be long at the moment but 15 minutes from now I might be short".