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Re: Dewey, the hog market-----
In Response To: Re: Daily Hogs ()

has been causing me anxiety since late Oct when I had producers short Oct @ 88.50 and targeting 81.40 for the usual early Nov low. They refused to cooperate but I was stubborn and shocked that they would make me wait until the end of Nov to make my thoughts reality. Hogs are having a hard time shaking loose of the negative fundamental aspects, so I had this crazy idea that Feb was getting ahead of the ball game when they quickly popped up to 91.00 resistance to have several brave producers take a stab at short Feb @ 90.90.

I made the mistake of telling them I thought Feb could have a $10 drop to trade even with Dec due to the very negative fundamentals with very poor demand being the Driver. I was losing my courage and suffering a lot of anxiety as we were getting close to Dec expiration. I was telling them they should be happy with the 83.50-84.00 area to take profits but they were hooked on my earlier mention of 81.40 and stubborn. I did talk them into raising their deposit orders to 81.85. Even though I told them we could see a $10 drop I didn't really believe it would happen or intend to wait that long. Now they are giving me a hard time about lack of courage would have cost them a couple dollars. I tell them don't let LUCK go to your head.

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Daily Hogs *PIC*
Re: Daily Hogs
Re: Dewey, the hog market-----
Re: Dewey, the hog market-----