Tuesday, February 07, 2006

Ouch! Virtually every single one of our positions, with the exception of 5yr notes, moved against us in a big way today. The precious metals hurt us the worst, but everything was bad. It sure feels like a lot of "late to the game" players were forced back to the sidelines today. Unfortunately, we may have a few more days of this before all the weak hands are forced out.

System B fared equally poorly today, getting whipsawed out of every position we put on. We lost $639 in ES on 2 trades, and we lost $1224 in NQ on three trades. This brings our YTD equity for system B back below zero, to a -$288. Tomorrow we are calling for a Reversion day in ES and a neutral day in 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 -4 $50 4 @SB.P 3 $11,726 92
@EC.P 0 $0 0 @CT.P 0 $0 0
@JY.P -1 -$900 2
@GC.P 3 $9,330 103
@CD.P 2 -$280 12 @SI.P 1 $2,600 54
@C.P 0 $0 0 @HG.P 2 $11,800 171
@W.P 0 $0 0
@LB.P 0 $0 0
@S.P 0 $0 0 @ES 2 $275 53
@CL.P 1 -$3,360 14 @YM 0 $0 0
@HO.P 0 $0 0 @NQ 2 $2,520 0











Total Open Trades
$33,761




Total Closed Trades -$8,440




Total

$25,321


Good luck, and have a great evening!

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