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Re: You are correct DH-----

they almost gave me a nibble but it was too late in the day and my focus was shifted to the cattle and I didn't even realize the setup was in the process until my weekend homework session. The Monday morning feeding frenzy was waiting to happen. Feb hogs are wasting no time having its psychotic episodes. I grabbed a quick 50 cent deposit on my north lines but I completely missed the opportunity to throw some south lines on a break below 68.00 yesterday. I did have a pair working the south end @ 67.27 this morning and took one to the Bank for a 40 cent deposit. Waiting for 66.65 for the second deposit if my break even Damage Control remains untouched.

I sit here wondering if psychotic Feb will try to chase the depressed lean index. I did put a few hedges on at the close yesterday for a handful of my aggressive battle hardened producers. I told them, I don't think it will drop below 66.00 but if it does I don't want to be selling at a potential fake out low due to pre report emotions. If we see any kind of Turn-Around-Tuesday attempt today they will probably be stopped out at breakeven since they didn't get stopped out at the open with a loss.

Messages In This Thread

The CME Lean Hog Index component on the kill for -
Re: DH, you can count on------
I think the GGGs almost gave you - - -
Re: You are correct DH-----
Re: You are correct DH-----
You did the correct thing, Tim and - - -
Re: Tim, nothing wrong-----