Wednesday, July 18, 2007

Cotton & Beans

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.

We are short Dec Cotton from 68.50/conservative traders look to take a profit @ 65.00/more aggressive traders can look to take a profit @ 64.00

New Trade Recs:Buy Dec Cotton @ 64.00/Stop 61.00/Target 72.00-74.00 Range

Buy Nov Beans @ 865/Stop 853/Target to come later
Extreme heat next week

If you are long Sept Ten Years Notes (from 105-00) change your target to 106-16

Stopped out of the Live Cattle Spread(Long Aug/Short Oct Live Cattle) @ 5.35 yesterday/Long from 4.40
Stopped out of dec corn @ 342


International Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
tony@ifgfutures.com

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