The non-farm payroll numbers certainly fooled a few people this morning... weak number, equities rise, right?! Whoops - I guess a weak number is now means bad for the economy so we sell off. What do you mean you didn't get the memo?

Overall, today was perhaps a bit deflationary - we did not have a single physical commodity that we track that rose in price today (currencies, bonds, etc are not physical commodities). Everything sold off. Let's hope that continues into next week!

Our TNR model stunk today - we were calling for a trending day in both contracts, and although we did trend, we were whipsawed out of our positions for a net total loss of $-1,122. Monday we are looking for a neutral day in ES and a reversion 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	$456	51		@KC.P	-1	$381	27
@FV.P	-4	$7,738	108		@SB.P	0	$0	0
@EC.P	0	$0	0		@CT.P	-3	$11,470	60
@JY.P	0	$0	0		@GC.P	0	$0	0
@CD.P	3	$4,450	55		@SI.P	0	$0	0
@C.P	0	$0	0		@HG.P	2	$81,400	274
@W.P	0	$0	0		@LB.P	-1	$1,417	33
@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			$107,312
		Total Closed Trades			-$4,436
		Total			$102,877

Good luck, and have a great weekend!