Thursday, July 06, 2006

Bonds closed around where they opened yesterday, with most likely a lot of position squaring ahead of tomorrow's non-farm payroll report. Not a whole lot of movement anywhere else, with the exception of the metals. Gold and Silver continued their rallies, and Copper caught a major updraft, finishing at it's highest level since the end of May.

The grain rally has stopped us out of our short Corn position. We covered our 5 contracts at the close. That position will be reflected in tomorrow's reports.

Our TNR model was calling for a Reversion day in NQ, and we had one winner before being stopped out for a money management stop. Net total losses on the day were -$351. Tomorow we are looking for a Trending day in both ES and NQ.

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 $1,175 50
@KC.P -1 -$763 26
@FV.P -4 $8,550 107 @SB.P 0 $0 0
@EC.P 0 $0 0 @CT.P -3 $9,550 59
@JY.P 0 $0 0
@GC.P 0 $0 0
@CD.P 3 $4,600 54 @SI.P 0 $0 0
@C.P -5 -$2,888 14 @HG.P 2 $84,875 273
@W.P 0 $0 0
@LB.P -1 $1,131 32
@S.P 0 $0 0 @ES 0 $0 0
@CL.P 0 $0 0 @YM 0 $0 0
@HO.P 0 $0 0 @NQ 0 $0 0











Total Open Trades
$106,231




Total Closed Trades -$1,348




Total

$104,884



Good luck, and have a great evening!

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