Monthly Archives: June 2012

TBT | Trade Alert!!

Posted on 06/21/2012

We got stopped out intra-day… We’re going to RE-BUY a 25% position

SSO | Closing Trade Alert!

Posted on 06/21/2012

We’re seeing a big dollar rally which is not presently being translated into the buying of high yielding stocks. Sell the SSO @ the market if long.

USO | Oil Fund Pattern Alert!

Posted on 06/21/2012

80 per barrel is another natural # in the WTI. We don’t think there is a lot left to the downside in the WTI before we see a decent bounce We’ll be monitoring this instrument for signs of a short … Continue reading →

A.M. Look 6/21/12

Posted on 06/21/2012

Spu’s…1341 then comes the trend line support and fibs @ the 1329-32.75 level drawn from the 1262 low. All new strength over 1358-62 is needed for more upside, Oil…the 78 handle in the oil as shown on the chart is … Continue reading →

JJG | DJ-UBS Grains Subindex TR ETN Daily

Posted on 06/20/2012

We’re close to the top of the recent trading range for the JJG… A close over 47.94 puts in an ORH day 48.40 is the monthly ORH level

Position Update and Stop

Posted on 06/20/2012

We were stopped out of our remaining AUD/USD short. We have no position. SSO & TBT…we will use stops just below today’s low. 53.25 SSO 15.50 TBT Futures traders… price action below 1341 in the Spu Price action over 149.12 … Continue reading →

TBT | Trade Alert!!

Posted on 06/20/2012

BUY a 25% position in the TBT @ the market…

SSO | Trade Alert!

Posted on 06/20/2012

We’re Buying 50% position in the SSO @ the market with a stop at today’s low.

30 Yr. Bonds | Gilt | Bund | EURJPY…Pattern Alert

Posted on 06/20/2012

Is this the low in rates for a long long time? Patterns you should be aware of… Higher rates everywhere else makes zero percent in Japan a lot less attractive. hence the selling of the yen against all currencies.   … Continue reading →

AUDUSD | Trade Alert!!

Posted on 06/20/2012

We’re Buying 70% our AUD/USD shorts back @ the market. We’ll leave a trailing stop just above today’s high on the remainder. I’m taking the risk off the board to see how things settle out. It’s not showing me any … Continue reading →