MURICO.com Forum

Re: DH, I hope you're not-----

going to be absent the markets because if you are, you will miss a productive move setting up for next week. My Hallucinations are now screaming Wash Out! The set up is in place and the cycle rotation turned negative last week and this week is setting the trigger for next weeks Wash Out to begin. I'm trading my Hallucinations with short Dec @ 58.00 and 58.20 and have my hedgers positioned likewise but will continue daily fishing to hopefully add some cushion to my positions. Todays catch already added a nice cushion to those positions.

My Hallucinations started pestering me at the beginning of the month and continued to get stronger. Now with the setup in place with the cycle rotations concurring, I have to trade the Hallucinations and now wait for Reality to prove the Hallucinations right or wrong. If wrong-----won't be the first time or last but strong Hallucinations that just keep pestering me-----do have a decent track record for becoming Reality. On another note----the hog market has a strong Addiction for a $10 move in an unexpected direction. No good logical reason for a $10 set back off of the Oct 1st high @ 59.95. Seems real stupid to think the Aug 50.00 resistance that quickly became support needs a retest. There's also an open gap @ 49.67 that may or may not be relevant.

The illogical stupidity to my thoughts makes it a Hallucination for me. I've made a lot of stupid looking trades over the years that have turned into reality to make me look very smart(truth is actually LUCK) and I've also made a lot of stupid looking trades that did just that-----made me look really STUPID. Looking STUPID doesn't bother me as long as I use Damage Control according to the rules. The game of Tag that the Hog Market loves to play----is still in play. Will it be GAME ON will cash feeling compelled to cash the board? Regardless of how this plays out-----its going to be fun!

Messages In This Thread

The CME Lean Hog Index component on the kill for -
Re: DH, I hope you're not-----
Re: The CME Lean Hog Index component on the kill f