The New York Stock Exchange had yet another dreary morning but as most of you saw it rock and rolled late into the session. Too bad, I was already asleep on a pool floatie by the time it happened.
All was not lost though. Even though I couldn’t make any sense out of the morning open, I was able to trade into a productive state earlier in the day because of Feeder Cattle. I was productive because I was carrying maximum size today. I felt like I left a little bit of money on the table but cash in hand is better than more cash after overtrading and getting closer to a bad break.
I needed this. Hopefully, some of that late volatility from the equity indexes spills over into tomorrow morning.