Thursday, July 13, 2006

Israel-Lebannon conflict, Mumbai bombings, Iranian nukes and North Korean Missiles have all caused some uneasiness in the global financial community, and we are seeing not only a bit of a run on the energy complex, but a bit of a flight to quality bid to US treasuries as well. The uneasiness probably has had an impact on equity prices as well, with another difficult day for the U.S. indices.

Our TNR model wound up making $256 on 7 trades today (5 ES and 2 NQ). The morning chop worked well for our reversion day setup, but the long slide in the afternoon stopped us out of our positions. Tomorrow we are looking for a Reversion day in ES 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 -2 -$388 55
@KC.P -1 $119 31
@FV.P -4 $6,675 112 @SB.P 0 $0 0
@EC.P 0 $0 0 @CT.P -3 $9,775 64
@JY.P 0 $0 0
@GC.P 0 $0 0
@CD.P 0 $0 0 @SI.P 0 $0 0
@C.P 0 $0 0 @HG.P 2 $87,850 278
@W.P 0 $0 0
@LB.P -1 $3,452 37
@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
$107,483




Total Closed Trades -$4,506




Total

$102,978



Good luck, and have a great evening!