In This Issue

November 20th, 2007 — Issue #404

Looking for 2008 Thanksgiving trading hours? Click here.

Happy Thanksgiving from Cannon Trading

Thanksgiving Holiday Trading Hours

*All times listed in Central Daylight Time

Wednesday, November 21

CBOT
Floor:
12:00 close: Financial, Agricultural contracts
12:30 close: Mini-sized Ags
Regular close: Equity and metals contracts

eCBOT:
12:00 close: Agricultural contracts
12:30 close: Mini-sized Ags
1:00 close: Financial contracts
Regular close: Equity, metals, and DOW-AIG contracts
Overnight eCBOT closed

CME
Floor:
12:00 close: Foreign exchange, Commodity and interest rate contracts
12:02 close: Commodity options
Regular close: Equity, GSCI, weather, and housing contracts

GLOBEX:
Regular close: Foreign exchange, Interest rate, Equity, NYMEX/COMEX, commodity, weather, and housing contracts

Nymex/Comex
Floor:
Regular close

CME Globex and Clearport:
Regular close

NYBOT/ICE
Regular close

OneChicago
Regular close

NYSE
Regular close

Thursday, November 22

CBOT
Floor:
Closed

eCBOT:
Closed:
Daytime eCBOT Closed
Regular evening opening: Financial, Equity, agricultural, metals, and DOW-AIG contracts

CME
Floor:
Closed

GLOBEX:
Regular evening opening

Nymex/Comex
Floor:
Closed

CME Globex and Clearport:
Regular close

NYBOT/ICE
Closed

OneChicago
Closed

NYSE
Closed

Friday November 23

CBOT
Floor:
12:00 close: Agricultural, Financial contracts
12:15 close: Equity Contracts
12:30 close: Mini-sized Ag contracts
Regular close: Metals and DOW-AIG contracts

eCBOT:
12:00 close: Agricultural contracts
12:30 close: Mini-sized Ags and Equity contracts
1:00 close: Financial contracts
Regular close: Metals and DOW-AIG contracts

CME
Floor:
Closed: Dairy and Dairy Spot calls
12:00 close: Foreign exchange, Interest rate, Commodity, GSCI, weather, and housing contracts
12:02 close: Commodity Options
12:15 close: Equity Contracts

GLOBEX:
12:00 close: Commodity, GSCI, weather contracts
12:15 close: Foreign exchange, Interest rate, Equity and Housing contracts

NYMEX/COMEX
Floor:
Regular close

CME Globex and Clearport:
Regular close

NYBOT/ICE
Regular close

OneChicago
Regular close

NYSE
Regular close

*All times listed in Central Daylight Time

The above calendar is compiled from sources believed to be reliable. Cannon Trading Co. Inc. assumes no responsibility for any errors or omissions. It is meant as an alert to events that may affect trading strategies and is not necessarily complete. The closing times for certain contracts may have been rescheduled.

Economic Reports and Expiration Notices

Source: Moore Research Center, Inc.

Date	Reports	Expiration & Notice Dates
11/21 Wed	7:30 AM CST - Initial Claims-Weekly 9:00 AM CST - Leading Indicators(Oct) 9:00 AM CST - Mich Sentiment-Rev 9:30 AM CST - API & DOE Energy Stats 1:00 PM CST - FOMC Minutes(Oct 31) 12:00 PM CST - Cold Storage 3:30 PM CST - Money Supply	FN: Dec Crude Oil(NYM)
11/22 Thu	Thanksgiving Holiday
11/23 Fri	7:30 AM CST - Cotton Ginnings 7:30 AM CST - USDA Weekly Export Sales 9:30 AM CST - EIA Gas Storage 2:00 PM CST - Livestock Slaughter 2:00 PM CST - Dairy Products Prices	LT: Dec Wheat Options(CBT) Dec Soybean Options(CBT) Dec Rough Rice Options(CBT)
11/26 Mon		FN: Dec Cotton(ICE)
11/27 Tue	9:00 AM CST - Consumer Confidence(Nov) 9:00 AM CST - Existing Home Sales(Oct)	LT: Dec Copper Options(CMX) Dec Gold Options(CMX) Dec Silver Options(CMX) Dec Heating Oil Options(NYM) Dec Natural Gas Options(NYM) Dec RB Gasoline Options(NYM)
11/28 Wed	7:30 AM CST - Durable Orders(Oct) 9:30 AM CST - API & DOE Energy Stats 1:00 PM CST - Fed's Beige Book	LT: Nov Gold(CMX) Nov Silver(CMX) Nov Copper(CMX) Nov Platinum(NYM) Nov Palladium(NYM)
11/29 Thu	7:30 AM CST - GDP-Prelim(Q3) 7:30 AM CST - Chain Deflator-Prelim(Q3) 7:30 AM CST - USDA Weekly Export Sales 7:30 AM CST - Initial Claims-Weekly 9:00 AM CST - New Home Sales(Oct) 9:30 AM CST - EIA Gas Storage 3:30 PM CST - Money Supply	FN: Dec Natural Gas(NYM) Dec Corn(CBT) Dec US 30 Yr Bonds(CBT)

* Please note that the information contained in this letter is intended for clients, prospective clients, and audiences who have a basic understanding, familiarity, and interest in the futures markets.

** The material contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.

*** This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!