Wednesday, January 25, 2006

The metals (Gold, Silver and Copper) all had great days today, gapping up and remaining up for the whole session. Silver in particular showed impressive strength. The interesting thing about the metals, is that we have seen very few days with across the board weakness. Generally, at least one of the three markets hangs in there even when the other two are down significantly (like last Friday for example). When all three start to tank together, it's probably gong to be time to head for the exits.

Our 3 day old Corn position is no longer. We exited at the close, a very unsatisfying trade. This will be reflected in tomorrow's reports.

TNR was neutral today, but is indicating a reversion day for ES tomorrow.

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 $10,853 83
@EC.P 0 $0 0 @CT.P 0 $0 0
@JY.P 0 $0 0
@GC.P 3 $13,080 94
@CD.P 2 $120 3 @SI.P 1 $3,100 45
@C.P -6 -$3,200 5 @HG.P 2 $8,075 162
@W.P 0 $0 0
@LB.P 0 $0 0
@S.P 0 $0 0 @ES 2 $1,600 44
@CL.P 1 -$600 5 @YM 0 $0 0
@HO.P 0 $0 0 @NQ 2 $1,200 29











Total Open Trades
$34,228




Total Closed Trades -$5,040




Total

$29,188



Good luck, and have a great evening!

0 Comments:

Post a Comment

<< Home