We're back

And stronger than ever!

It's been awhile since the last post - I freaked out when my account started to tank soon after I started this blog. But now I'm back testing the financial gods again.

Won't dwell on the past too much, but the account had dipped all the way down to $7K and I had received a margin call. So moving forward, I'm trying not to leverage up too much - trying to stay in the game. This bull market has another 10 years to run - and you gotta be in it to win it.

I also took out $5K and placed it in a Savings account - to my surprise, the check actually showed up from my sketchy account merchant.

New format to the blog:
* Will post current positions and value each week
* I'm going to discuss each position and the reasoning behind it in upcoming posts
* I'll try to link more to commodity news in the market - it's tough to find, so I'd like to begin to aggregate everything here for all to see

Date	Position	Qty	Month/Yr	Contract	Strike	Call/Put	Entry Price	Last Price	Profit/Loss	Market Value
01/22/07	Long	1	DEC 08	Cotton			63.00	69.80	$3,400.00
04/16/07	Long	1	DEC 08	Cotton			64.50	69.80	$2,650.00
06/19/07	Long	1	DEC 07	Coffee 'C'			120.50	117.35	($1,181.25)
12/05/06	Long	1	DEC 07	Coffee 'C'			135.25	117.35	($6,712.50)
03/23/07	Long	1	SEP 08	KC Wheat			502	564	$3,100.00
11/03/06	Long	1	MAY 11	Natural Gas			6.450	7.3060	$8,560.00
03/29/07	Long	1	NOV 09	Soybeans			828	895	$3,350.00
08/11/06	Long	1	MAR 08	Sugar #11			14.50	10.72	($4,233.60)
06/04/07	Long	2	JUL 08	Sugar #11			10.05	10.80	$1,680.00
10/18/06	Long	1	JUL 08	Sugar #11			12.08	10.80	($1,433.60)
03/20/07	Long	1	JUL 08	Wheat			488	563 3/4	$3,787.50
03/21/07	Long	1	JUL 08	Wheat			493	563 3/4	$3,537.50
Net Profit/Loss On Open Positions:									$16,504.05

Current Cash Balance	$28,523.82
Open Trade Equity	$16,504.05
Total Equity	$45,027.87
Long Option Value	$0.00
Short Option Value	$0.00
Net Liquidating Value	$45,027.87

Cashed out: $5,000.00
Total value: $50,027.87