Hogs get slaughtered.
As we had expected the Semi's have popped and along with a pullback in Oil the market is pushing higher with some zeal. This is exactly the type of action we were hoping for at this point in time in order for us to start scaling out of many of our long positions. We are still somewhat net long but are decreasing exposure as we write. Use this moment when "all feels right" to fade. We don't recommend being too aggressive but we believe it would be unwise to not make at least partial sales. Remember the biggest profits will come to the traders who are most positioned for the inevitable pullback.
Gotta hop and make some more sales...
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