A week of changing wind for equity indices. ES and NQ touched new highs briefly Monday on a contract adjusted base, followed with continued downward movements. Despite some impressive tech earnings, ES/SPX and RUT retested their break out area of Greek deal. I still think it's part of clear deck before FOMC next Wednesday unless we don't see a turnaround Monday or Tuesday. We could see a correction in progress if no turn around before and after FOMC. I followed my rules to enter most of my positions. They are in trading god's hand now. I will deal with my risk base on my rules if and when any position comes to it.
It's a profitable week with $1,800 net income. I had to rollover about $1,200 loss from wheat and corn. They are continuing to trending down. It looks light next week since I don't have many positions on due to my absence of mid June with Yinmore visitors.
The Yahoo group stared shifting to different trading styles. There are some merits for me to learn. Some of them are selling near the money to collect higher premiums and keep rollover when at or in the money. I don't think it's my style. I need to stay with my core system and keep it simple while learning others' merits.
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