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Re: Well Dewey, today should----

help those long positions look better, along with your mental anxieties. This is a lot of fun(fishing is as good as it gets) my hedgers got stopped out of their fresh hedges at the same time my fishing lines were hit @ 54.07. It didn't take long to get half of them reset @ 55.05, the same time I was making a deposit on my pair. Pretty fast turnover and it may not be done yet, 56.00 probably needs a test, should be enough energy left but doesn't have to. Gotta love Fishing when you catch these fast Runners.

At some point I expect the Lean Index will have a head start over the Oct contract for continued south direction. Futures has had an addiction to outrun cash, so if cash doesn't stop for a breather, the Oct contract will realize it got tagged and has to catch up before it can get to the South Finish Line ahead of cash. That's the way this game of Tag has been playing out the last few years. Futures always gets to the Finish Line before cash. That goes for the North Finish Line as well as the South. I have no other choice but to believe the next $10 plus drop is starting to set up------I also know I could be wrong and will manage my risk accordingly.

My fishing is done for the day----now I have to tend to responsibilities with the cattle and corn markets------the cattle market is driving me insane.

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Re: Well Dewey, today should----
Re: Well Dewey, today should----