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Re: Dewey, I was rooting----
In Response To: Re: Hogs by Dennis Smith ()

for your bias today, since I had a great setup for the south line Dinner Bells. It looks to me like Oct has the same potential setup that Aug had the final 30-40 days of the contract. Maybe more of an opportunity of a bigger rally than Aug had, since the new plants coming online should increase demand. Aug had a 5.75 selloff from its summer high and almost tagged back up with that high. We could still see some additional pressure on the Oct contract, due to the seasonal tendency's. There is also a tendency for the Oct contract, every once in awhile to pull a $10 counter seasonal rally out of the magicians hat. Those new plants coming online, could be the Driver that brings the magician on stage.

I still have those $10 rally Hallucinations but I am forcing myself to keep an open mind to keep my bias under control. I can't do a good job of Fishing if my bias gets too much control-----yesterday was a close call that could have hurt if I had been busy with other responsibilities. My bias was getting too much upward control, so I got lazy with homework and started the day with only Damage Control Lines. I was Lucky that my Fishing Instincts caught it in time to catch the break below 69.00 in time. I usually don't get off that easy when I get lazy and unfocused. Seems like when I get comfortable------I get clobbered.

Messages In This Thread

Hogs by Dennis Smith
Re: Hogs by Dennis Smith
Re: Hogs by Dennis Smith
Re: Hogs by Dennis Smith
Re: Spike, we must be-----
Re: Hogs by Dennis Smith
Re: Dewey, I was rooting----
Well, Guys! At least I know that my - - -