Monday, April 14, 2008

Hog Spread

Trade Rec: Buy Feb Hogs/Sell Aug Hogs @ +3.40/Target +7.50/Risk the trade to +2.00

Liquidatd the April Hogs @ Market (current price 58.85)Long from 55.00

I liquidated the April/June Hog Spread @ 12.00 (Short from +16.00) Thursday/If you are still in the trade get out/I forgot to list this on Thursday

Current Positions: Long May Pork Bellies @ 71.50/Move the stop up to 74.00 from 68.50

Long Live Cattle @ 87.50/Move the stop up to 88.00

Short June Euro Currency @ 1.5775/Stop 1.5920/Target to come later

Long July KC Wheat/Short July CBOT 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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