Some of you sold the (F) oil yesterday. Keep your stop where
DR. Nenner suggests. Oil inventories are out today and Dec. Oil expires Friday.
This generally increases volatility. This trade is a great example of Charles system at it’s finest.
You have a momentum break out, follow through, and low definable risk.
SDS…short spu…I will be using a closing level of 1190 spu for a stop.
A break today into tomorrow into the low 1150 area will be an area to pay for this trade and take
a piece of the position off.
Euro and Aussie….yesterday, being a hamster ,we took the money in the short Euro and Aussie trades
right in this area. A descent close below last nights lows and I will put these short trades back on.
Day traders sell rallies.
30 Yr. Bonds….The game plan is to sell every major rally until you are dead! We rang the register against 125.18 level.
A closing breach of this area will be a full on short position. I will always have a core long TBT position on. The next dream level to
sell is in the low 129’s.
