2011-07-01st (Fri)

At the end of the previous trading session I had the following position;
Long 300,000 USDCAD with ACB of 0.96662

In today's trading session all US markets rose on positive sentiment.

Given today's news reporting one would think the general public has already forgotten the volatlity we experienced the last months.

There were various data points released today;

US June Institute of Supply Management (ISM).

China June ISM by the China Federation of Logistics and Purchasing and National Bureau of Statistics.

British June PMI manufacturing activity by the Markit/CIPS purchasing managers index.

Larry Levin's newsletter referred to an article which I found interesting, and I want to know how I can legally make money from this phenomenon.

Article - "Chicago's PMI News Release uncovers significant delays in OPRA 06/30/2011"
http://www.nanex.net/Research/OPRA_063011/OPRA_063011.html

Yesterday 2011-06-30th (Thurs) I wrote about Alan Greenspan's interview at the Aspen Ideas Festival, and I found an article in the news reiterating his view.

Article - "Alan Greenspan still gloomy on Greece, U.S. economy"
http://finance.yahoo.com/news/Alan-Greenspan-still-gloomy-cnnm-4212126222.html?x=0&sec=topStories&pos=2&asset=&ccode=

I will be taking some time off during the July 1st & 4th weekend to celebrate the freedom we enjoy.

Currently I have the following position;
Long 300,000 USDCAD with ACB of 0.96662

USDCAD is currently 0.95849 (2011-07-01, 18:50 pm EST)

Our first line of credit was activated on 2011-06-16th (Thurs) and our second line of credit was activated on 2011-06-29th (Wed).

Total equity is 10% of June 1st and we are committed to trade ourselves back to our High Water Mark.

Stay Tuned,

Jeff
(2011-07-01, 18:58 pm EST)