Russell 2000

The big winner for today was our position in the Russell 2000 stock index: up 2.3%. Stocks often go up in advance of a recovery; however, unemployment is a very lagging indicator.

There is one new signal for today: buy the Euro Currency. We have another signal that is short along with a trailing stop with big profits. The long signal is 59/73=81%, so it is right 81% of the time. Those who are short could go flat for a time, and then resume short after the long signal runs its course. However, the decision is yours.

All of our open positions are sporting good profits. We got stopped out of the long British Pound last night.

Open Positions Symbol Entry Stop Close Profit
Short Euro EUH10 144.97 137.13 135.60
Short Euro EOU 18.49 20.49 20.72 12.1%
Long Cotton CTH10 69.82 78.40 83.29
Long Cotton BAL 34.02 37.71 40.06 17.8%
Long Russell TFH10 611.00 618.40 647.90
Long Russell IWM 61.66 61.33 64.26 4.2%
Long Soy Meal SMH10 274.50 263.50 268.40
Long Platinum PLJ10 1534.90 1545.20 1544.00
Long Platinum PTM 18.40 18.48 18.47 0.4%


Closed Positions Symbol Entry Out Profit Days In Out
Long British BPH10 154.30 151.18 -1950.00 5
Long British FXB 153.55 150.83 -1.8% 5 2/24/10 3/1/10


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The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy.