Monday, July 02, 2007

Crude Oil & Live Cattle

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.

Trade Recs:Sell Aug Crude Oil @ 70.50/Stop 71.50/Target 68.00/Sold Aug Crude Oil @ 70.50 today

Buy Aug Live Cattle/Sell Oct Live Cattle @ 4.40 or better to the sell side)/Target 3.00-2.75/Risk a Close over 5.00 /Bought the spread at 4.40

Stopped out of the British pound @ 2.0100/Short from 1.9661
Stopped out of the Euro Currency @ 1.3600/Short from 1.3506
Took a profit in the Sept Ten-Year notes @ 106.00/Long from 104.30

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

Current Positions:Long Oct Sugar @ 897 & 945/Target 1000?Stop 865
Long Aug Lean Hogs @ 70.10 from 7/6
Long Aug Live Cattle @ 89.50/Stop 88.10/Target Range 92.50-93.50 from 7/3
Long Sept Ten-Year Notes @ 104.30/Took a profit at 106.00
Short the Pound @ 2.0140/Stop 2.0240/Target 1.9800 from 7/5
Long Sept Coffee @ 117.70 & 111.00/Stop 109.00
Long Aug Live Cattle/Sold Oct Live Cattle @ 4.40/Stop 5.00

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