Monthly Archives: July 2012

A.M. Look 7/20/12

Copper…holding above 346 should be positive the board. Oil…could break back to the high 80’s and it would be meaningless. Spu’s…need sustained action under 1364 for any downside. General Comments… We’ve seen a little profit taking in the Oil and … Continue reading

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The next set of weekly buy stops are above 93.06

QID…Trade Alert!

We’re Selling our long QID @ the market… We’ll leave the short Europe closing stop alone which is EPV 38.30 stop close.

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A.M. Look 7/19/12

Spu’s…1375..1381.50 is the horizontal resistance. We presently need price action back under 1363 for this to be an interim high. Price action under 1370 is needed for any signs of this directional flow abating. Midcap…closing over 96000 will lead to … Continue reading

QID…EPV Trade Alert!

We’re Buying the Ultra shorts @ the market. Stops will be written tomorrow.. Oil service names are trading @ or near their 200 day’s FFIV just rallied 10% in 2 days. We’re looking for a trade the other way. We … Continue reading

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The horizontal lines are resistance levels the first time up. 1375.40…1381.30…1385.30

ECA…XCO Trade Alert!

We’ve been in and out of these stocks, and some of you are long. For those that aren’t, we are BUYING both these names @ the market!

A.M. Look 7/18/12

Welcome to the Mid-Week Shuffle… Copper…347 will be a pivotal level for tone on the Risk paradigm General Comments… Euro continues to be the easier short on rallies for the Risk Off crowd. Markets in general are winding up for … Continue reading

Luncheon Strategy?

Spu’s…just as a close below 1343 is viewed as negative (ORL), a close above 1352 puts in an ORH day. Closing strength over 1357 is needed for higher prices. Nasd 100…2562.50 is the Pit ORL…2585 is the Pit ORH.. Now … Continue reading