We did see a little bit of a snap-back, particularly in the metals, this morning. However, much of those gains dwindled by the close. Many of our positions are looking a bit suspect, with stops looming nearby, and nothing really looking to be in a trending mode right now (with perhaps the exception of 5-year notes).

We hit our stop in Canadian dollars today, and exited the trade at the close. Our updated positions will be reflected in tomorrow's reports.

Our TNR model was calling for a reversion day today in ES, and although the market looked pretty trendy in the afternoon, we were able to capitalize on a couple of reversion moves to end up with a net gain of $479 on three trades. Tomorrow we are calling for a Reversion day in both ES and NQ.

UPDATE: Friday's call on ES has changed from a reversion day to a neutral day, based on updated time and sales information from Thursday's session (3/10/2006 9:30 AM)

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	$2,800	25		@SB.P	3	$5,376	113
@EC.P	0	$0	0		@CT.P	0	$0	0
@JY.P	-1	-$375	23		@GC.P	3	$6,990	124
@CD.P	2	-$1,820	33		@SI.P	1	$4,995	75
@C.P	0	$0	0		@HG.P	2	$8,325	192
@W.P	0	$0	0		@LB.P	0	$0	0
@S.P	0	$0	0		@ES	2	$2,675	75
@CL.P	0	$0	0		@YM	0	$0	0
@HO.P	0	$0	0		@NQ	0	$0	0
		Total Open Trades			$28,966
		Total Closed Trades			-$12,400
		Total			$16,566

Good luck, and have a great evening!