Monthly Archives: September 2012

A.M. Look 9/28/12

Euro…129.59 is unchanged on the year. Presently it’s struggling. 30 Yr….150.16 is unchanged on the month. General Comments… I’m not remotely interested in anything that happens today. It’s all about the closes! Qtr end markings are not a game we’re … Continue reading

GCEZ2_-_Gold_(Globex)_Dec_12_Point_&_Figure_100x3_Ticks.gif

The breakouts are above 1780 or below 1740.

FBTP_-_Long-Term_Euro-BTP_Futures_Daily_Continuation_

Euro traders should use 105.20 to match up with resistance levels in the currency.

A.M. Look 9/27/12

Metals…Yesterday’s lows in the Gold, Silver & GDX should be used for short term money management on Long positions. Miners… BHP…66.81 was the 2/3rds coming back on the month. This needs to bounce from this level or lower levels will … Continue reading

Pattern Alerts!

Financials (BKX) are attempting an ORL day as is GS,JPM,BAC, & C So is OXY in the Oil patch. Pay attention to your holdings! It should be a volatile last 30 minutes.

Price Action…Chart Patterns

It’s going to get interesting this afternoon!!!! In the works..a potential outside reversal day to the upside ( ORH) in the 30 yr. with a close over 147.28. Russell 2000…possible ORL day with a close below 84540. Nasd 100…needs a … Continue reading

A.M. Look 9/25/12

Gold…there are resting sell stops starting below 1757 with more under 1750. There are resting buy stops above 1800. Silver…35.25 is the upside closing break out. There should be small sell stops below yesterday’s low. GDX…the miners don’t act particularly … Continue reading

JPMorgan_Chase_&_Co_Weekly.gif & Grains

We like the BKX as well as the low today in JPM.. They both have similar patterns. This is a trad able low with a potential weekly double bottom. The stop is 40.55 for those adding risk. Grains… You should … Continue reading

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AIG…is looking like an attractive buy for those looking to add to their Risk portfolio going into Qtr. end

AAPL

Today’s low was just shy of the 18 day mvg. avg. of 681.35 700 is resistance on top. Closing back over 700 will start another swing to new highs.