Tuesday, February 19, 2008

Feeder Cattle & Gold

Looking to buy big breaks in cocoa, sugar & coffee

Stopped out of April Gold @ 910/Long from 890

Stop in March Feeder Cattle is at 103.70/Long from 105.05/Should hit the stop this morning

Liquidated March Corn @ 516/Long from 493

Current Positions: Long Dec Cotton @ 71.00/Target 85.00/Stop @ 74.00

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

Long July KC Wheat/Short July CBOT Wheat @ +79/Stop 30 cents from entry/Target Range 2.50-3.00

Long July Beans/Short Nov Beans @ +94/Target Range 2.50-3.00

Short June Lean Hogs @ 79.50/Stop 81.50/Target 3.00-5.00 from entry

Short May Coffee @ 158.80/Stop 162.00/Target 5.00-7.00 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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