WEDNESDAY MORNING UPDATE
YOU MUST ALWAYS BE AWARE THAT THERE IS SIGNIFICANT RISK INVOLVED IN TRADING FUTURES AND/OR OPTIONS ON FUTURES AND ARE NOT SUITABLE FOR ALL INVESTORS.Buy April hogs/Sell April Cattle @ -2650
Sell June Bonds @ 111.24
Sell June Canadian Dollar @ 8675
Buy June Euro Currency/Sell June British Pound @ -5380
Buy June Euro Currency/Sell June Swiss Franc @ 4360
Buy June Euro Currency/Sell June Aussie Dollar @ 4900
Buy June Euro Currency/Sell June Canadian Dollar (higher risk) @ 3520
IF YOU
BOT May Crude (Higher risk) @ 6250, CONSIDER A STOP LOSS ON THURSDAY CLOSE BELOW 6120
IF YOU
BOT May Heating Oil (Higher risk) @ 174.50, CONSIDER A STOP LOSS ON THURSDAY CLOSE BELOW 1.6735
IF YOU
SOLD May Cotton AROUND 5435, CONSIDER A STOP LOSS ON THURSDAY CLOSE ABOVE 5662
IF YOU
SOLD July Coffee AROUND 109.40, CONSIDER A STOPO LOSS ON THURSDAY COLSE ABOVE 111.00
Sell July Sugar (higher risk) @ 1685
Sell April Gold (higher risk) @ 562.00
IF YOU
SOLD May Copper (higher Risk) AROUND 2.3410, CONSIDER A STOP LOSS ON THURSDAY CLOSE ABOVE 2.3144
Sell May Corn (higher risk) @ 227 ½
Sell May Wheat (higher risk) @ 363
Sell May Oats @ 179
Sell May Beans @ 584


1 Comments:
I've heard that the production of lumber will experience a shortage with significant demand in the month of August. The rebuilding of New Orleans will suck up the supply and the Northern European producers will be on vacation in August.
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