Monday, February 04, 2008

Copper, Cotton, Cocoa & OJ

Trade Recommendations: Sell March Copper @ 3.3500/Stop 3.4200/Target to come later

Buy Dec Cotton @ 75.00/Stop 71.00/Target 85.00

Buy May Cocca @ 2300/Stop 2250/Target Range 2450-2500

Buy March OJ @ 134.50/Stop 130.00/Target 150.00/Technical Trade

Stopped out of March Crude Oil @ 88.00/Long from 90.80

Current Positions: Long Dec Cotton @ 71.00/Target 85.00 for aggressive traders/conservative traders took a profit @ 80.55

Long Feb Lean Hogs @ 55.50/move the stop up to 58.70

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

Long March Feeder Cattle @ 105.05/move the stop up to 103.75

Hog Spread: Liquidated the April Hogs @ 3.25 lose/Breakeven point for Feb Hogs @ 59.00/stopped out @ 58.70

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

From Feb, 5: Long April Gold @ 890/Stop 870/Target to come later

Long May Sugar @ 1244/Stop 1180/Target 1400

From Feb, 06: Sold March Copper @ 3.3000/Stop 3.4000/Target Range 12-15 from entry

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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