It appears that the markets didn't know how to react to the Fed meeting today. Things should sort themselves out tomorrow a bit better. The cash equity indexes finished modestly lower, but after 4:00, we saw a more pronounced sell off.


System B has had a great January, and we again had strong performances today by the precious metals and the CAD. Sugar had a second day of losses, as did Copper. Crude closed off today as well, with today's OPEC meeting in Vienna leaving output unchanged.

We closed January with a gain in open equity of $39,967. That represents an almost 20% gain on our $200,000 notional capital base.

Our TNR system didn't fare as well this month. Today we were calling for a trending day in both ES and NQ, and we were whipsawed pretty violently. We lost $646 in ES, and $1134 in NQ, for a combined net loss of $1780. As you can see from the graph, this brings our trade equity contribution from the TNR system to $1954 for the month. Tomorrow is a Trending day for NQ.

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	$11,222	87
@EC.P	0	$0	0		@CT.P	0	$0	0
@JY.P	0	$0	0		@GC.P	3	$15,390	98
@CD.P	2	$2,020	7		@SI.P	1	$4,975	49
@C.P	0	$0	0		@HG.P	2	$9,325	166
@W.P	0	$0	0		@LB.P	0	$0	0
@S.P	0	$0	0		@ES	2	$2,425	48
@CL.P	1	$1,470	9		@YM	0	$0	0
@HO.P	0	$0	0		@NQ	2	$1,580	33
		Total Open Trades			$48,407
		Total Closed Trades			-$8,440
		Total			$39,967

Good luck, and have a great evening