"Tom's Trades" for Wednesday, February 2, 2005

================================================
"Tom's Trades" for Wednesday, February 2, 2005
================================================
================================================
1: MARCH 30 YEAR T BOND
================================================
USDH5 O=114-30 HI=115-04 LO=114-18 CL=114-26

Beautiful thing it 'tis ... sold 1 at 114-28 exit
at 114-20 for plus 8, $250. Then watched it turn
and head right back north. Took all the will power
I could muster to keep from buying it. It was so
clear.

We'll get into buying mode here shortly. Just need
a tad more structure.

Tuesday's close at 114-26 has us back on the same numbers ... a sell off 115-00 or 114-26

===============================================
2: MARCH EURODOLLAR
===============================================
EDH5 O=97.020 HI=97.030 LO=97.015 CL=97.025

We inched higher today. Same deal as yesterday ...

I'm on the trail of the 97.055 buy for certain.
It will probaly take a ton of patience before we
get there. I'm prepared for that. I am also looking
for a bounce carrying us to 97.040 for a sell setup
on a failure there.

===============================================
3: MARCH CANADIAN DOLLAR
===============================================
CDH5 O=8062 HI=8097 LO=8038 CL=8083

Sold at 8057. We touched 8038 and I rolled to 49.
We got stopped at 8050 for $70. I then bought 1
at 8064 and began squeezing the trade as we passed
thru 8075. When we touched 8090 I rolled to 8087
and stopped out at 8084 for $200.

We ended the day at 8083 ... amazing isn't it? ...
We'll play the all same numbers from yesterday
for a third day.

===============================================
4: FEBRUARY GOLD
===============================================
GCJ5 O=423.60 HI=424.10 LO=421.40 CL=422.90

We sold 423.70 and was stopped out at 422.30 for
$140. There was a pretty good buy signal with about
2 hours to go. I tried twice to get one bought
and couldn't ... had i stayed on it the third time
might have got me in about 421.70or so ... we ended
the day at 422.90 so no great loss.

Same number from TT and yesterday will guide us
tomorrow.

===============================================
5: MARCH COTTON
===============================================
CTH5 O=44.20 HI=44.35 LO=43.41 CL=43.88

the gap open took us above the target entry. It
came back and turned north so I bought 1 at 44.10.
I got stopped out at B/E.

Same numbers for tomorrow.

===============================================
6: MARCH COCOA
===============================================
COH5 O=1540 HI=1558 LO=1523 CL=1525

I sold 1 at 1557 and got out at 1546 for $110
at the end of the run. Snapped back near the end
of day.

Same TT numbers for tomorrow.
===============================================
7: MARCH CORN
===============================================
CH5 O=1.97 3/4 HI=1.98 1/4 LO=1.97 CL=1.97

Never gave us the retest. Same deal tomorrow.
===============================================
8: MARCH WHEAT
===============================================
WH5 O=2.91 3/4 HI=2.94 LO=2.90 1/2 CL=2.92 1/4

Never gave us the number. Same startegy as yesterday ... lookin' for 2.88