Wednesday, May 4, 2011

2011-05-03rd (Tues)

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

In today's trading session there was no volatility that I could take advantage of.

Therefore I entered into no new positions.

There are several securities I am monitoring but I consider them to be fairly priced at this point with no clear up or down trend.

The last time I reached this stage it was right before a big gap-event, and I am curious what tomorrow will bring.

Apart from my Copper position I am sitting on lots of available margin and am standing by ready to pile on and pile on.

Copper July 2011 is currently at 418.20 (2011-05-04, 02:59 am EST)

Stay Tuned,

Jeff
(2011-05-04, 03:00 am EST)

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