Wednesday, January 9, 2008

Commodity Update

Cotton and Coffee are the only two positions we carry in the commodity account as both the Hogs and Corn were stopped out with minimal losses.

Keep the stop tight on both.

Stopped out of March Corn on Tuesday at 4.71 even for a $212.50 loss.

We will be looking for another area to go short again, but until then, stand aside in the grains.

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