Wednesday, March 19, 2008

OJ, Cotton, Lean Hogs & Sugar

Trade Recommendations: Buy Dec Cotton @ 81.50/Stop 79.50/Target to come later/Bought Dec Cotton @ 81.50

Buy May OJ @ 115.00/Stop 110.00/Target to come later/Bought May OJ today @ 115.00

Buy April Lean Hogs @ 55.00/Target 62.00/Stop 53.00/Bought May Hogs @ 55.00

Also, Buy April Hogs/Sell June Hogs at the opening today/Long April Hogs/Short June Hogs @ -16.00 Bucks

Buy May Sugar @ 1140

Late last week:Stopped of of April Lean Hogs @ 56.00/Long from 58.00

Stopped out of May Coffee @ 145.00/Long from 151.00

Stopped out of May Sugar @ 1270/Long from 1320

Liquidated the Cotton Sperad @ +7.70/Long from +4.40

Current Positions:Long July KC Wheat/Short CBOT July Wheat @ +79

Long July Beans/Short Nov Beans @ +119 & + 105

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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