Monday, May 01, 2006

We have a lot of open positions right now, considerably more than usual. When a lot of them move in our favor, like today, we can get a pretty big pop in our trade equity. Early this afternoon, every position we had was positive by a fairly large amount - Bonds and Cotton down, Metals, Energy, Equities and CAD up. However, we saw a fairly large late day fade in the equity indexes. As a result, we exited our NQ position by covering 3 June NQ contracts at the close. That will be reflected in tomorrow's reports.

Even with the late fade, we saw a nice jump in our total equity today.

Our TNR model was neutral today, but we are calling for a Reversion day in both contracts tomorrow.

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 -2 $238 4
@KC.P 0 $0 0
@FV.P -4 $5,988 61 @SB.P 3 $10,248 149
@EC.P 0 $0 0 @CT.P 0 $3,490 13
@JY.P 0 $0 0
@GC.P 3 $39,450 160
@CD.P 3 $5,200 8 @SI.P 1 $23,770 111
@C.P 0 $0 0 @HG.P 2 $72,650 228
@W.P 0 $0 0
@LB.P 0 $0 0
@S.P 0 $0 0 @ES 2 $4,350 111
@CL.P 1 $1,350 10 @YM 3 $1,945 32
@HO.P 1 $4,189 14 @NQ 3 -$3,470 17











Total Open Trades
$169,397




Total Closed Trades -$26,233




Total

$143,164



Good luck, and have a great evening!

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