MURICO.com Forum

August hogs have sure opened-----

a sizable Sink Hole! Will they catch some Backfill by the time July expires-------or will they continue digging to the newly Marked Target and Weekly Continuation Chart Balance Point @ the 65-66 area. My anxiety has disappeared for the moment but the confidence is still a bit shaky. Asking myself the usual questions-----why did I wait so long to start throwing on August hedges? Why didn't I load the boat for producer hedges yesterday instead of just the next 25%. Low Confidence and High Anxiety for the most part but I also have a few hedging rules to follow that have proved their value for keeping me out of the woodshed.

I've been prepping and lecturing all year about this 2018 market Reset(retest/reset the 2016 lows) and it has a good start at turning that Hallucination into Reality. Such a good feeling when the potential Reality starts to show its face. Even a better feeling when Reality is a Done Deal! I have to hold onto that shaky confidence or I will mess it up.