System B posted another up day today, with continued strength in the metals and sugar outweighing losses in the grains. The grains have put in a fairly strong performance over the past week, but whether this is a bear market rally or a real bottom remains to be seen.

We have a new position, buying two contracts of the march 06 Canadian Dollar contract at the close at .8662 This position will show up on tomorrow's reports.


TNR model called for a trending day in both ES and NQ today. Unfortunately, most of today's move occurred before 10:00AM, and we wound up getting whipsawed all day long. We had two losing trades in ES, and two losers in NQ, for a total net loss on the day of $375. Tomorrow our model is calling for a trending day in ES.

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	$8,603	49
@EC.P	0	$0	0		@CT.P	0	$0	0
@JY.P	-1	$8,400	48		@GC.P	3	$17,050	60
@CD.P	0	$0	0		@SI.P	1	$2,920	11
@C.P	-4	$6,400	78		@HG.P	2	$35,275	128
@W.P	-3	$1,863	25		@LB.P	0	$0	0
@S.P	0	$0	0		@ES	2	$1,125	10
@CL.P	0	$0	0		@YM	0	$0	0
@HO.P	0	$0	0		@NQ	0	$0	0
		Total Open Trades			$81,636
		Total Closed Trades			$7,580
		Total			$89,216

Good luck, and good night!