Monday, February 11, 2008

Cocoa

Trade Rec: Buy May Cocoa @ 2300

Current Positions: Long Dec Cotton @ 71.00/Target 85.00/move the stop up to 74.00

Long April Live Cattle @ 93.80/Stop 92.50/Target to come later

Long March Coffee @ 131.00/Target Range 150.00-155.00/move the stop up to 141.00

Long April Gold @ 890/Target to come later/move the stop up to 910 from 870

Long May Sugar @ 1244/Target 1400/move the stop up to 1270 from 1180

Long March Feeder Cattle @ 105.05/Stop 103.70/Target to come later

Short April Lean Hog @ 65.25/Hit stop 66.20

Long July KC Wheat/Short July CBOT Wheat @ + 79/Target Range 2.50-3.00

Long July Beans/Short Nov Beans @ + 94/Target Range 2.50-3.00/Risk 30 cents from entry

Trade from Feb/13 Long March Corn @ 493/Target Range 506-515/Stop 487

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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