Be Nimble, Be Nimble, Be Nimble

“The data and opinions in this report are for general information use only and are not

intended as an offer or solicitation with respect to the purchase or sale of any futures

contracts. Although all information and opinions are believed to be reliable, we cannot

guarantee its accuracy or completeness. The open trade and previous recommendations

were suggested, but that does not necessarily mean any individual followed the trades

exactly as recommended. This newsletter has been prepared without regard to the specific

investment objectives, financial situation and needs of any particular recipient. Past performance

is not necessarily indicative of future results. There is a significant risk of loss associated with

trading futures and options. “It should be noted that the impact on market prices due to seasonal

or market cycles and current news events may be reflected in current prices.”

Jerry Welch, Commodity Insite!
Call me at 406 -682 -5010
Ennis, Montana 59729

Follow me on twitter@commodityinsite

Earlier today, I exited long August lean hog futures and short October placed earlier this week around the $11.90 level and lower. I mentioned that suggestion several times here on Inside Futures. I took profits at $12.30 and a tad greater. But here is the rub.

A few minutes ago, I sent the following Special Email Alert to my subscribers and brokerage clients. I said specifically.

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SPECIAL EMAIL ALERT!

As a new trade and one that is high in risk and exceptionally volatile: Sell (1) July lean hog and buy (1) October lean hog at the market. July hogs are 22 higher $82.27 with October down 77 at $66.42 for a spread difference of $15.85 or so. Risk 125 points, close only.

The time is 12:41 p.m.

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In other words, I came into today bull spread hogs with multiple positions in place and exited those trades earlier. And then I did a,”180” and will come out of the day and into next week bear spread hogs with a tight stop. My cry for today is, “ be nimble, be nimble, be nimble. ‘

1 p.m. Chicago

“The data and opinions in this report are for general information use only and are not

intended as an offer or solicitation with respect to the purchase or sale of any futures

contracts. Although all information and opinions are believed to be reliable, we cannot

guarantee its accuracy or completeness. The open trade and previous recommendations

were suggested, but that does not necessarily mean any individual followed the trades

exactly as recommended. This newsletter has been prepared without regard to the specific

investment objectives, financial situation and needs of any particular recipient. Past performance

is not necessarily indicative of future results. There is a significant risk of loss associated with

trading futures and options. “It should be noted that the impact on market prices due to seasonal

or market cycles and current news events may be reflected in current prices.”