Monday, February 25, 2008

Spreads: Hogs & Beans

Trade Recommendations: Buy July Beans/Sell Nov Bean @ Market/If your long from +93 add to the position/Added another position @ 63

Buy April Hogs/Sell June Hogs @ Market/Target 2.50-3.00 from entry/Risk 1.25/Added the spread @ -14.65

Current Positions:Long Dec Cotton @ 71.00/Target 85.00/move the stop up to 79.50

Short May Copper @ 3.8000/Stopped out @ 3.9000

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

Short June Hogs @ 79.50/Target 4.00-5.00 from entry level

Long July Beans/Short Nov Beans @ +93 & 63/add on the opening today

Long July KC Wheat/Short July CBOT Wheat @ +79

Long April Lean Hogs/Short June Lean Hogs @ -14.65

Long March T-Bonds @ 115-10/Target 120-00/Stop 114-15

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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