Wednesday, April 05, 2006

Copper was our star performer today, closing at a new high (again). Gold also closed up, but Silver underperformed - closing down on the day. It seems like every analyst that follows Silver is calling for a significant pull-back once the Silver ETF comes online. All I can say is that when EVERYONE is calling for something to happen, very often the opposite comes true...

Today's Nasdaq strength was impressive enough for us to get long - we are now fully invested in the Equity Index portion of our portfolio. We bought 3 contracts of NQ at the close, and that position will be reflected in tomorow's reports.

Our TNR model lost a net total of $242 on 5 trades today. We are calling for a trending day in ES tomorrow, and a neutral 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 $3,300 44
@SB.P 3 $10,618 132
@EC.P 0 $0 0
@CT.P 0 $0 0
@JY.P -1 -$888 42
@GC.P 3 $19,140 143
@CD.P 0 $0 0
@SI.P 1 $13,670 94
@C.P 0 $0 0
@HG.P 2 $28,350 211
@W.P 0 $0 0
@LB.P 0 $0 0
@S.P -2 $150 2
@ES 2 $5,400 94
@CL.P 0 $0 0
@YM 3 $730 16
@HO.P 0 $0 0
@NQ 0 $0 0











Total Open Trades
$80,470




Total Closed Trades -$20,145




Total

$60,325



Good luck, and have a great evening!

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