A.M. Look 9/23/11

Silver is taking out the long term monthly stops, 32.25 ish is the next Fib Support. Then you should look for 29.

Spu..There are some monthly moving avg lines coming in just over 1100 where we rallied from yesterday. Once through it’s all down hill.

Currencies have basically reached all of my short term tgt objectives. The Euro and Aussie keep failing every rally. Euro needs to close over 136 to think the Dollar trade is over.

I’ve gotten e-mails from long term private wealth guys wanting to buy individual names..DON’T!!!!

AAPL on a semi annual chart looks very similar to 2007-8. Stay in cash!!!!!!

Model trading Portfolio…Current Positions

No positions

 

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