(EDITOR'S NOTE: Washington Post on 6-4-2012 reports -- "The prices of metals, energy and agricultural goods have dropped as anxiety has ratcheted up over Europe's currency crisis, China’s slowing growth and the stalling U.S. economy.
"On Friday, copper futures fell to their lowest level of 2012. On Monday, cotton fell to a 31-month low. Sugar hit a 21-month low. Last week, the price of OPEC's basket of crude oil grades slipped below $100 a barrel for the first time in nearly eight months."
(June 3, 2012)Subscribers Report Record Profits from Long Bond Positions
(6-3-12) We continued to trade the June Long Bond contract from the long side all of last week, as we have consistently done for the past seven weeks. We were buyers once again of the USM contract in Thursday morning trade on our standing orders at 148.09. We held the contract all the way to the end of trade Friday, selling on the 152.