2011-05-01st (Sunday)

At the end of the previous trading session I had the following positions;
Long 40 contracts Copper July 2011 with ACB of 424.61

Buy-To-Open 30 contracts Silver May 2011 at 43.48 (2011-05-01, 19:01 pm EST)
Buy 20 contracts Silver May 2011 at 44.80 (2011-05-02, 02:12 am EST)

Currently I have the following positions;
Long 40 contracts Copper July 2011 with ACB of 424.61
Long 50 contracts Silver May 2011 with ACB of 44.01

Copper July 2011 is currently 412.93 (2011-05-02, 02:29 am EST)
Silver May 2011 is currently 44.85 (2011-05-02, 02:29 am EST)

Today is a day of rejoice for the American People as the country celebrates Victory over terror.

This news will be positive to the markets when they open even though I am not seeing significant strengthening of the USD at this hour.

CNN is reporting the Department of Homeland Security anticipates threats of retaliation which I feel is just a precautionary measure and I do not anticipate any retaliation at all, for it is clear the US has demonstrated its superior strength and resolve.

Stay Tuned,

Jeff
(2011-05-02, 02:37 am EST)