Wednesday, August 15, 2007

Commodities Update

LUMBER - Long from 274. Tighten up the stop to break even!

SUGAR - Long from 9.45. Looking for a sharp rally. Keep a close stop.

COTTON - Aggressive Long from 61.20 Risk all the way to 59. Main Trade will be a Short from a new high.

SOYBEANS - Short from 8.70 1/4

CORN - Long Term Short in place

We will be looking to go long the U.S. Dollar on a pullback.

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