Monday, October 22, 2007

Cocca

Trade Recommendation:Buy Dec Cocca @ Market (current price 1863)/Target 2000/Stop 1800

Conservative traders took a profit in Dec Crude @ 86.00/more aggressive traders look to take a profit @ 84.00/Short from 88.00

Current Positions:Long Dec KC Wheat/Short Dec CBOT Wheat @ -32 & -30/Target +25

Short 2 Nov Feeder Cattle @ 115.00 & 1 @ 114.50/Target to come later

Long Dec Coffee @ 125.00/Stop 119.00/Target 135.00

Long March Beans @ 968/Move the stop to 980/Target to come later

Long Dec Cocca @ 1863/Target 2000/Stop 1800

Long Dec Wheat @ 824/Took a profit today @ 860

Long Dec Japanese Yen @ 8763/Stop 8710/Target 8900 from 10/23

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.

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