I know I haven't posted for a while - just too busy. Today I'll go through the state of my current trades. Tomorrow I'll put up a new one.
COPPER
This has been an enormous home run. I've got 90 cents in this one. Get out now, and put a little more in the collection plate this weekend.
ALCOA
Hasn't done much of anything. Since the original post the stock is about unchanged, although the beta-adjusted return is down 1%. Stay with it.
CHOCOLATE
On March 14 (day after the post) I added BARN at 890. It's now 908. I also added some cocoa futures, but I've been trading these actively - too much for this blog. Stay with everything. This is a long term play. One more thing. HSY has moved up on rumors that Cadbury (foods) wants to buy it. It won't happen, but that doesn't mean they can't work together in some other ways. If so this could be big.
OIL
This thing goes from strength to strength. April/May futures were rolled at a $2 credit - and that wasn't even the top! Like chocolate, this one is long-term, so make sure you are scaled back accordingly.
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