Today's Ideas:
    for evening of Mon. Dec. 3, 2007

    IMPORTANT: Below is what we're looking at currently, but pay attention to our UPDATES on the side of each page for actual entry/exit times and prices. Refresh pages often! You will witness our winners AND losers; something that is rare in our business.    TO VERIFY ACTUAL PRICES AND TIMES, PLEASE CLICK ON  A TICKER ENTRY TO THE RIGHT.  ALL TRADES, WHEN THEY OCCURED, ARE VIEWABLE.  

    Whenever possible, we have included the ETF symbol for those who are not experienced trading futures, etc.

                POTENTIAL setups for tomorrow include:

                T-bonds short (ZB future)- 30 year Treasury Bond
                FXC long (CAD future)

                UNG long (Natural gas)
                Position update as of 5pm:

                We are short 3 units ZB (T Bonds)

                We are long 2 units FXC (Canadian Dollar)

                We are long 1 unit UNG

                We are long 1 unit SB (Sugar)

    We will continue to look at our weekend set-ups, but focus mainly on opportunities to add to current positions (above). Only trade that has us concerned is the short T Bonds position. We will not add to that position until starts to work. Other positions are fine, and will add as opportunities present. As a side note, we would expect equity indices to regain some of the strength they exhibited last week, now that Monday has passed.

    We can't always explain the reasoning for trades, but they are often a combination of technical, fundamental, and "gut feel". Pay attention and have fun!

    Occasionally we email updates regarding breaking news, lessons, and ideas. Please visit our CONTACT page to participate.

    For previous posts visit the archives.



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