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CHARTSMITH
Weekly Market Update
Welcome to the paper trading market update for
the week of July 10th, 2009.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The markets have been alive with activity this week, from the grains to the foods & softs, to the energies and beyond! What a week it has been and plenty of marketplace opportunities to look at, so let's get started... Cotton A long side entry was initiated as Cotton completed its buy signal this week (Thursday) giving us an entry point on Friday morning at 60.75 cents/lb on the December contract. Cotton closed out the week at 62.45. Keep your stops in place. Profit to date: + $860.00 per contract. Note: ChartSmith qualifies Cotton as a market trading in the Low Zone, however, it's important to keep in mind that its present position is near to moving into Mid Zone territory. Since we received a coordinated buy signal, we have bought in lightly with initial positions using protective stops under recent support areas (total estimated risk from our entry point to our protective stop is presently at $1,425.00). Whether paper trading or using real money, exercising caution at this price level is required. Refer back to Chapter 12 of the ChartSmith-Forging Your Financial Future wealthbook for further risk management details. To view the daily chart go to: http://futures.tradingcharts.com/chart/CT/C9 Eurodollar
Lumber
Closing
down a wopping $7.80/1,000BoardFeet on Friday, Lumber has continued its fall. This keeps getting better as it moves
deeper into Low Zone (wholesale) levels and soon we'll be shouting, "TIMBER!" Keep watching... To view the chart go to: http://futures.tradingcharts.com/chart/LU/99 Natural Gas
 Just released! Don't miss this Special Report; Citrus Greening Squeeze, by Shawna JonesFunny-mental Facts from the Commodity Research Bureau (CRB): July 10th, 2009 USDA 2008-09 Florida estimates for orange juice harvest; 159.6 million, 90 pound boxes (down 7% from 2007-08 harvest of 170.2 million, 90 pound boxes). USDA 2008-09 nationwide orange production down 9.3% Y/Y. Honey Orange (Cranberry) Chicken 4-6 boneless, skinless chicken breasts 1/2 cup honey 2 cups orange juice, or as needed 1 large unpeeled orange, sliced 3/4 cup dried cranberries (optional) Pre-heat oven at 350 degrees F. Place chicken breast single layer in lightly greased rectangular glass baking dish (dish should accomodate all chicken easily without much space between). Pour orange juice over chicken until juice reaches half way up side of meat. Drizzle meat with honey. Top each breast with a slice of orange. Sprinkle with dried cranberries. Bake uncovered for 30-45 minutes, (or until done all the way through), serve and enjoy! Quote of the
Week You cannot help men permanently by doing for them what they could do and should do for themselves. ~Abraham Lincoln 
 Please read our IMPORTANT NOTICE: Futures
and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing
to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose.
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indicative of future results.
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