we are in the same camp and hopefully on the right train. I talked a few more hedgers into selling 25% of Oct production @ 60.00 today. My aggressive guys that already were at 75% of production yesterday on Oct, decided to start with 25% of their Aug production today @ 76.90. They must be worried because I gave them a choice of targets-----76.90 or 70.10 and they all chose 76.90. They usually choose the higher target when given a choice.

I'm really uneasy about being too comfortable with the positions because Aug does like to try to get closer to July by the time July expires. It's not written in stone but I've learned to never underestimate what the Aug contract can do. Having a low level of confidence and a dose of anxiety is a good thing. I don't ever recall (high confidence and low anxiety) ever giving me a (write home about winner). The most productive trades usually start out as Low Confidence and High Anxiety-----I don't trust this, type of feeling. Low Confidence and High Anxiety don't guarantee a winner but it sure seems to help. I seem to suffer more anxiety from others trades than my own.