Monthly Archives: January 2013

General Board

Posted on 01/28/2013

The point & Figure shows a double top in Oil. Downside tgt’s were basically hit in the Bund & Bonds,, NFLX…178 was the 50% of the big swing. Some big technical matches we’re hit. Now we have to see whether … Continue reading →

TLT…Trade Alert! + Closing Position Alert!

Posted on 01/28/2013

Buy the TLT with a closing stop below today’s low. We’re Closing out Selling Long positions ANR and EWZ… For the past month investors have been selling AAPL and buying everything else. This looks to be going into profit taking … Continue reading →

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Posted on 01/28/2013

30 Yr…142.28 is the fib tgt we were looking for 3 weeks ago. We’re getting close… Spu/Bonds…are encroaching on a big monthly level.

A.M. Look 1/28/13

Posted on 01/28/2013

USD/JPY…the Yen needs sustained and closing price action below 90.28 (above 110.79 futures) to signal the start of a bigger change in the Yen crosses. USD/CAD…101 ( 98.89 Futures) is the level to monitor for a potential weekly double bottom … Continue reading →

A.M. Look 1/25/13

Posted on 01/25/2013

One of the brightest and innovative figures in the trading world, the greatest man I’ve had the pleasure to have known and a Hall of Fame Human being, was taken from us Wednesday in a tragic traffic accident, His name … Continue reading →

Position Update

Posted on 01/24/2013

EWZ…by remaining over 56.60 we will remain Long into tomorrow. ANR…This could be forming a possible head & shoulders pattern which is price negative. Our last buys were app 9.33, we’ll give this one more day to get something going … Continue reading →

EWZ_-_iShares_Brazil_Daily.gif

Posted on 01/24/2013

This is running the stops…56.60 is the ORL # Again we will be out of all Risk Assets with closes below our stated levels.

Silver…Trade Alert!

Posted on 01/24/2013

We’re going to go short Silver via Buying the 30.50 H puts for 31 cents.

Equity Indices…Pattern Alert!

Posted on 01/24/2013

SPU’s…1484.70 is today’s ORL# Nasd…..2705 Midcap…107760 Russell…89360 These are end of day ORL#’s Whether we put in a tradable top with a completion of this pattern or not, price action tomorrow below these levels will lead to some much needed … Continue reading →

GCG3_-_Gold-Settlement_Feb_13_Daily.gif

Posted on 01/24/2013

Gold is now between the big mvg avg’s. Yesterday’s high was the 50 day ( the aqua line) The early low today is the 200 day ( the green line) Gold is clearly loosing it’s luster as investors wish a … Continue reading →