Nice to see some of the commodity markets acting "right" again. The meats are looking good, save for Pork Bellies, and silver looks poised for a rocket launch. I've got my stop for Pork Bellies waiting around 75...I may have been too soon with this contract, as there may not yet be a supply problem in August. I'm happy about the January '09 Feeder contracts, and will be looking to aggressively add on more strength.
|Current Cash Balance||$104,119.07|
|Open Trade Equity||$1,260.00|
|Long Option Value||$0.00|
|Short Option Value||$0.00|
|Net Liquidating Value||$105,379.07|
Cashed out: $15,000.00
Total value: $120,379.07
Weekly return: 2.8%
YTD return: 54.9%
***BTW, I usually "cash out" money just to pay for taxes, rent, and cheap beer. So total value is all pre-tax. I had to take out some more cash to pay my Q2 estimated tax payments this week.