Copper continues to set new contract highs each session, and happily we are on board! What will happen when the much publicized massive short position being held by the Chinese government/rogue trader is finally covered? I think we'll soon find out. It wouldn't surprise me if a large part of the recent surge is "margin clerks" covering a some or all of the (in)famous trade for the parties involved.

Our System B model posted another positive day today thanks to Copper and continued weakness in the grains. In addition, the Yen continues to slide vs. the Dollar (we are short Yen) but Gold and Silver gave back some of the previous day's gains.

We have a new position in System B as of the close of e-mini trading today, going long two contracts of the ES (e-mini S&P) at 1250.50. That position will show up in tomorrow's (Monday's) reports.

Our TNR model was neutral today, so no trades. We are again neutral on Monday (so no trades on Monday either)

Our positions:

Contract	ctrcts	Open P/L	days on		Contract	ctrcts	Open P/L	days on
@US.P	0	$0	0		@NG.P	0	$0	0
@TY.P	0	$0	0		@KC.P	0	$0	0
@FV.P	0	$0	0		@SB.P	3	$4,302	40
@EC.P	0	$0	0		@CT.P	0	$0	0
@JY.P	-1	$6,825	38		@GC.P	3	$10,450	51
@CD.P	0	$0	0		@SI.P	1	$125	2
@C.P	-4	$6,650	68		@HG.P	2	$27,350	119
@W.P	-3	$2,163	15		@LB.P	0	$0	0
@S.P	0	$0	0		@ES	0	$0	0
@CL.P	0	$0	0		@YM	0	$0	0
@HO.P	0	$0	0		@NQ	0	$0	0
		Total Open Trades			$57,865
		Total Closed Trades			$7,580
		Total			$65,445

That's all for this week, have great weekend!