Is there any floor under the price of Hogs?
Sure there is and according to the smart money, it still has not hit it yet.
Extended declines like this are great to trade once a reflex rally begins.
The reflex is often times very sharp and fast and offers some serious profit potential.
Once we see that the Commercial Traders have started to think that Hogs are cheap then we can start to think about getting long.
This market also offers some excellent instructional value of exactly what a take no prisoners bear market is all about. It is worthy of a print out and careful study, not to mention a place in your educational modules!