2011-07-15th (Fri)

At the end of the previous trading session I had the following positions;
Long 300,000 USDJPY with ACB of 79.438
Long 200,000 USDCAD with ACB of 0.96322

In today's trading session US markets rose.

We had positive earnings from Google, and we had negative news of European bank stress testing.

Markets will continue to flip-flop on each piece of news regarding the national debt ceiling.

I found the following article on the purchase of farm land for investment purpose, and it is not to build homes, but for agricultural commodity speculation.

Article - "Down on the farm, investors see big potential - As food prices rise, investors plow money into Midwestern farms -- but is it a bucolic bubble?"
http://finance.yahoo.com/news/Down-on-the-farm-investors-apf-2437798760.html?x=0&sec=topStories&pos=9&asset=&ccode=

Currently I have the following positions;
Long 300,000 USDJPY with ACB of 79.438
Long 200,000 USDCAD with ACB of 0.96322

USDJPY closed 79.119 (2011-07-16, 00:51 am EST)
USDCAD closed 0.95307 (2011-07-16, 00:51 am 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
(2011-07-16, 00:52 am EST)