Thursday, April 20, 2006

Live by the sword, die by the sword as they say, and the precious metals, which have been so huge for us over the past 2 weeks in particular, hurt us just as bad today. Silver dropped an unbelievable $2.07 per oz in today's trading! That has to be some kind of record, doesn't it? Fortunately, many of our other positions moved in our favor, including a big move down in Cotton (we are short) which alleviated some of our suffering.

Our TNR model was calling for a Trending day in NQ today, and we were stopped out of our opening short relatively quickly, for a loss of $558 on the day. Tomorrow we are calling for a trending day again in NQ and a neutral day in ES.

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 $5,050 54 @SB.P 3 $8,299 142
@EC.P 0 $0 0 @CT.P 0 $1,630 6
@JY.P -1 -$450 52
@GC.P 3 $28,320 153
@CD.P 3 -$1,040 1 @SI.P 1 $17,770 104
@C.P 0 $0 0 @HG.P 2 $46,650 221
@W.P 0 $0 0
@LB.P 0 $0 0
@S.P -2 -$825 12 @ES 2 $5,175 104
@CL.P 1 $1,340 3 @YM 3 $2,170 25
@HO.P 1 $4,344 7 @NQ 3 -$545 10











Total Open Trades
$117,889




Total Closed Trades -$20,145




Total

$97,744



Good luck, and have a great evening!

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