It is good to see a second day of equity strength, even with bonds selling off slightly on the day. Gold had a good day, and Silver set another 19 year or whatever record today. Silver has definately outperformed Gold over the past 4 weeks. The only fly in our ointment today was our Japanese Yen position, which moved against us yet again today. Sugar remains in a consolidation mode, up one day and down the next.

Our TNR model called for a reversion day, which hurt us in the late day rally. Both contracts had two trades, one for a small win and one for a big loss. Net losses on the day were -$578. Tomorrow we are calling for a Trending day in NQ.

Our open 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	$1,925	29		@SB.P	3	$6,787	117
@EC.P	0	$0	0		@CT.P	0	$0	0
@JY.P	-1	-$1,188	27		@GC.P	3	$9,210	128
@CD.P	0	$0	0		@SI.P	1	$6,895	79
@C.P	0	$0	0		@HG.P	2	$11,075	196
@W.P	0	$0	0		@LB.P	0	$0	0
@S.P	0	$0	0		@ES	2	$4,925	79
@CL.P	0	$0	0		@YM	0	$790	1
@HO.P	0	$0	0		@NQ	0	$0	0
		Total Open Trades			$40,420
		Total Closed Trades			-$14,420
		Total			$26,000

Good luck and have a great evening!