is very sure of himself. I usually get myself in trouble when I'm that Bold. I don't catch much of his chatter, so I don't know how accurate his opinion is. I expect some weakness next week but it's too early(not enough evidence) for me to say the top is in for hogs or cattle. I'm flat the hogs but fishing every day. I have a couple spec traders that are long from 59.95 and working profit orders @ 64.00 and stops @ breakeven. I can make a case for potential support @ 60.10-60.30 followed by a quick pop to retest 63.00 or even make it to my expected 64.00 target. You know how it goes, don't often get what's expected, at least not quickly-----first it has to make me believe I'm wrong.

I am holding 1 long Feb cattle @ 119.30 and patiently waiting for my 123.00 target that greatly disappointed me the last two days by not giving me a deposit. My stop is now pulled up to 119.65 and if I don't get my deposit order by Monday, I'll have to cut it loose, since there will likely be a 3-4 dollar setback before next Fridays COF report. I will buy it again when/if it retests 117-118 potential support area but not willing to risk more than a $1.

Not that I completely disagree with Jerry, I just wish he would share his reasoning for being so Bold, maybe he has and is only fishing for calls so he can go into greater detail. There must be something I'm missing or that's just the way he gets traders to jump through the hoops to collect his commission. I'm sure he goes into more detail with personal conversations but when I see this, it triggers the irritation button. I can't, don't, won't live like that-----I always tell guys what to watch for, those warning signs that we are wrong, pros and cons and I end up talking half the traders out of placing the order. A good way for me to starve trying to make a broker living doing what's best for the trader. That's why I sell myself and Risk Management ability to producers for managing their cash flow or break even risks by charging a Risk Management fee. Any trading commissions are frosting on the cake and done only when it's in the producers best interest. I see I've climbed up on my Lecture Box, it's time I get back to work and I apologize for hitting the lecture switch.