profits on those four I sold near the opening. Have now taken profits on a couple from earlier shorts. May take off more still.

I have been accused of being an addicted gambler which is, I suppose, a form of insanity.

I remain convinced, though, that price is always a function of supply and demand. The supply/demand information available in the hog market is FAR superior to that available in any other market so I am willing to match wits with others in the hog market and occasionally when you tell me, I will spread the with cattle.

Best wishes,

dhm