Monthly Archives: December 2010

A.M. Look 12/7/10

Pretty much all the technicians have similar same level in the equities and the metals. Since this is the first time up to the tgt. in the Silver it’s time to ring the register. Each investor needs to assess his … Continue reading

A.M. Look 12/6/10

The Euro is seemingly following the weekly reversal #’s by rejecting the 134.40 area. This currency as well as pretty much all other instruments except the Gold and Silver have reversed direction since Friday’s close. The question is whether this … Continue reading

30 yr. Pattern Alert

Both the Dec. and the March Bonds are attempting to put in outside reversal days and weeks to the downside. These patterns are generally price negative. You’ve seen earlier in the week off the monthly patterns that you need a … Continue reading

Is that all there is?

It’s time to use this weakness to start building a position in the regional Banks. BKX, KBW,IAT are a few suggestions for ETF’s from one of my private wealth clients. They all have the same chart pattern. All three are … Continue reading

A.M. Look 12/3/10

First just a couple of general comments about sniffing out the big macro turns: If you’ve been following us for a while you’ll note that we’re usually a couple of days early on the turns, as with the Aussie this … Continue reading

Daytraders 12/2/10

Match up the Aussie numbers with the Spu 97.20-30 Aussie now = the 1215 langer level first time up.

A.M. Look 12/2/10

Core positions are presently long TBT,Aussie,Smh or Soxx index,YCS (short yen) and long JJG ( grain etf) Many of you have key long Gold and Silver holdings with a smattering of miners and selected oil stocks. Stay the course. It … Continue reading

SDS…Currencies

The currencies have tested some very pivotal levels. GBP/USD rejected the reversal monthly close of 156.50 USD/JPY has a short term double top at 84.40 on the daily maps The Aussie tells me nothing yet, however we will add to … Continue reading

A.M. Look 12/1/10

Today going into tomorrow we’re going to find out what chart patterns are real. Last night’s low in the Aussie @ 95.37 is one of the big tells on the board. Macro stops will be building below and should act … Continue reading