Monday, March 03, 2008

Cocca & Coffee

Trade Recommendations: Buy May Cocoa @ 2650/Target & Stop to come later

Buy May Coffee @ 156.00/Target & Stop to cone later

Liquidated March T-Bonds @ 120-00/Long from 115-10

Stopped out of Long April Hogs/Short June Hogs @ -15.90/ Long the spread @ -14.65

Current Positions: Long July Beans/Short Nov Beans @ +63 & +93/Target Range 2.50-3.00

Long April Hogs @ 60.50/Stop 58.50/Target to come later

Short June Hogs @ 76.00/Stop 78.00/Target 72.00

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

Long Dec Corn/Short July Corn @ -2/Target Range 20-30 from entry

Long July KC Wheat/Short July CBOT Wheat @ +79/Lower the target to +1.50

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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