Monthly Archives: January 2011

30 Yr. Bonds…TLT

Posted on 01/31/2011

90.47 is a double bottom on the TLT monthly. The 30 year remains in a 3 point trading range. It is our belief that we’ll see the stops elected above 122.10 in the futures. Then we could see another 2-3 … Continue reading →

Pattern Alert… XOM…FXI

Posted on 01/31/2011

You now have a weekly double top in XOM at 79.97.. FXI….China should now have your full attention..You have a monthly double bottom pattern at 41.90…major stops will be below.

A.M. Look 1/31/11

Posted on 01/31/2011

Early Asia showed us all the extremes ( highs in the gold ,silver,oil) (lows in the Aussie,Euro,Spu). It’s the last trading day of the month! Not a good idea to fade the monthly directional flows today. The flow is long … Continue reading →

TBT….SDS

Posted on 01/28/2011

You should be 100% out of your TBT today. SDS… we will add ( buy)  another 25% piece on the close.

Pattern Alerts

Posted on 01/28/2011

Gold…1336.40 pit Silver..27.72 pit Oil… 87.96 all sessions SPU…1279 is last weeks close…we are already way below the 1290.80 for the outside reversal daily. A close below 1267.70 finishes it off with a weekly “orlw” Dr. Nenner has a model … Continue reading →

TBT..30 YR. Bond Futures….Panic!

Posted on 01/28/2011

Any remaining TBT longs should use a 38.70 stop close. Do not be a hero and pick a spot to sell oil. Panic can take it to 90 ish. The board is selling Euro VS. buying Oil and the metals. … Continue reading →

SPU.. Pattern Alert

Posted on 01/28/2011

A close today below 1290.80 would be needed for an outside daily reversal close lower. In the meantime the rest of the board is showing concern over Mideast political tensions with the Dollar move up against the Euro and commensurate … Continue reading →

A.M. Look 1/28/11

Posted on 01/28/2011

The sector rotation and the game of hot potato continues in the equities & commodities with money seeking the days high flier Du-Jour and the equity indices not doing much. Some of you stayed with your SDS. Use the same … Continue reading →

REE… ( Rare Earths)

Posted on 01/27/2011

Take another piece of your long REE off at the market. Cancel the order to sell @ 13.80 and raise it to 14.20 for the rest of your position

SDS

Posted on 01/27/2011

A few questions this A.M. about the SDS stop of 22.20. Yesterday we said to use it as a stop close meaning the Spu had to close over 1296. Leave the stop the same. The “Ag” names have been all … Continue reading →