Friday, February 03, 2006

The employment situation report had a little of everything today, job creation was below expectation, but the unemployment rate came in at a scorching 4.7%... Bonds sold off on the news, but ended higher on the day. Equities never really got out of the blocks. Crude was up and gold was off. Also, the grains continue to push higher on drought concerns.

We exited our NQ position at the close today, and we also sold 1 contract of the Japanese Yen at the close as well. Those positions will appear on Monday's reports.

Our TNR model didn't fare too well, looking for a reversion day in ES. We had two winners and two losers, but the losers far outweighed the winners, with a net loss of $578 on the day. Monday we are calling for a neutral day in both contracts.

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 -4 -$388 2 @SB.P 3 $15,523 90
@EC.P 0 $0 0 @CT.P 0 $0 0
@JY.P 0 $0 0
@GC.P 3 $14,370 101
@CD.P 2 $1,020 10 @SI.P 1 $4,350 52
@C.P 0 $0 0 @HG.P 2 $13,300 169
@W.P 0 $0 0
@LB.P 0 $0 0
@S.P 0 $0 0 @ES 2 $1,075 51
@CL.P 1 -$1,080 12 @YM 0 $0 0
@HO.P 0 $0 0 @NQ 2 $340 36











Total Open Trades
$48,511




Total Closed Trades -$8,440




Total

$40,071




Good luck, and have a fantastic weekend!

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