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These 3 day------

pendulum swings are getting wicked. I was expecting a little higher today for a cycle high but the Limit Up was a shocker. I had Damage Control @ 55.60 for myself and for most of my hedgers short positions. My expectations were to see 56.00-56.20 be a solid stopper to set up the next 3 day drop to retest the bottom. It didn't surprise me to see our 55.60 stops hit but my plan to put the shorts back on with a failure to break 56.20 the first 60 minutes was proven to be a ridiculous Hallucination on my part.

That's what makes this game such a challenge-----not knowing whether the Hallucinations have merit or are utterly ridiculous. Today they happened to be utterly ridiculous.

Know the question is whether this string of 3 day swings, continues the same time pattern or will we get a Switch. I have no hog market guesses for tomorrow. The corn and cattle markets will keep entertained and challenged while I wait for something to set up for the hogs.

Messages In This Thread

These 3 day------
Re: These 3 day------
Re: Dewey, I do find it challenging----