2011-05-10th (Tues)

At the end of the previous trading session I had the following positions;
Long 60 contracts Copper July 2011 with ACB of 418.07

I like what I am seeing on the charts and also the economic data from China, I believe the demand for base metals related to growth will continue.

Buy 20 contracts Copper July 2011 at 406.00 (2011-05-10, 04:14 am EST)
Buy 10 contracts Copper July 2011 at 402.90 (2011-05-10, 22:26 am EST)

Currently I have the following positions;
Long 90 contracts Copper July 2011 with ACB of 413.70

Copper July 2011 is currently 405.18 (2011-05-11, 00:16 am EST)

I am still using my first line of credit activated on 2011-05-05th (Thurs) and have available margin to add to my position up to 150 contracts if required.

Total equity is 106% of May 1st.

Stay Tuned,

Jeff
(2011-05-11, 00:17 am EST)