Tuesday, March 11, 2008

Bean Spread

Trade Rec: Buy July Beans/Short Nov Beans @ Market/If your flat the spread/Added a bean spread today @ +119

Current Positions:Long May Sugar @ 1320/move the stop up to 1270/Target to come later

Long May Coffee @ 151.35/Stop 145.00/Target to come later

Long April Lean Hogs @ 58.00/Stop 56.00/Target to come later

Long Dec Cotton/Short May Cotton @ +4.40/Target to come later

Aggressive Traders Long July Beans/Short Nov Beans @ +63 & + 93/Conservative traders liquidated @ +115

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

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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