we are on the same southbound train for Feb hogs. That always give a little confidence boost to know your not alone-------at the same time it should also be a bit concerning, since misery loves company.

Myself and handful of battle hardened hedgers were stopped into short Feb @ 69.35 late in the day on Wed. It came as a big surprise to me, since I had to leave for a Farm Show an hour before the close. I didn't expect them to be hit until the open on Thursday. My Hallucination for a 66.00-67.00 bottom retest seems to be working towards Reality. The 15 day cycle also seems to working for the swings so I have no other choice but to use that as my guide for a potential Time & Price squaring guess for a profit taking target during my daily count cycle window next week----Dec 13th-15th. I'm assuming it will prove to be a cycle low, since the 14th is day 15 from the Nov 29th 72.25 high.

The spread premium Feb has over Dec is also starting to narrow, how much premium will Feb lose------we will have that answer four trading days from now. I'm hoping it drops to a 2-3 dollar premium and Dec stays below 65.00. Our break even Damage control is set, so it doesn't really matter if the market wants to give me a, be nice and cooperate with my hopes, early Christmas present. I'm enjoying the process of another Hallucination working at becoming Reality.