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Here are the random picks:
Short May Soybeans
Long May Cotton
Long June British Pounds
Long Dow Jones
Regards,
John J. Lothian
Disclaimer: This letter is strictly the opinion of its writer, and not
necessarily those of The Price Group and its management, and is intended
solely for informative purposes and is not to be construed, under any
circumstances, by implication or otherwise, as an offer to sell or a
solicitation to buy or trade in any commodities or securities herein named.
Information is obtained from sources believed to be reliable, but is in no
way guaranteed. No guarantee of any kind is implied or possible where
projections of future conditions are attempted.
Futures and options trading involves risk. Past results are no indication of
future performance.
Hypothetical Results Disclosure:
Hypothetical performance results have many inherent limitations, some of
which are described below. No representations are being made that nay
account will or is
likely to achieve profits or losses similar to those shown. In fact, there
are frequently sharp differences between hypothetical performance results and
the actual results
subsequently achieved by any particular trading program. One of the
limitations of hypothetical performance results is that they are generally
prepared with the benefit
of hindsight. In addition, hypothetical trading does not involve financial
risk, and no hypothetical trading record can completely account for the
impact of financial risk in
actual trading. For example, the ability to withstand losses or to adhere a
particular trading program in spite of trading losses are material points
which can adversely
affect actual trading results. There are numerous other factors related to
the markets in general or to the implementation of any specific trading
program which cannot be fully accounted for in the preparation of
hypothetical performance results and all of which can adversely affect actual
trading results.
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