Friday, July 06, 2007

Lean Hogs & Natural Gas

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 Recommendations: Buy Aug Lean Hogs @70.10/Target 72.50-73.50/Stop 68.70
Bought Aug Lean Hogs today @ 70.10

Buy Aug Natural Gas @ 6.500/Stop 6.200/Target to come later
Bought Aug Natural Gas @ 6.500 today

Just looking for a technical bounce/extreme oversold

Conservative traders took a profit in Aug Live Cattle today @ 92.50/Long from 89.50
More aggressive traders might wait until the 93.50-94.00 range

Move the stop in the Sept British Pound down to 2.0150
International Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
tony.woods@cadentfinancial.com

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