A.M. Look 11/22/11

Dealers choice…The board is shaping up to be a back and forth day trade.

Trade what you see, pay attention to your time frames and take your money.

Model Trading Portfolio…Current Holdings

No positions

Our view is that the rest of the year will be a high volatility, highly technical, rumor driven, Time Frame, Lemming Effect Day Trade.
The question is who’s day? Right now it’s Europe’s.

Medium Term View
We believe the political and economic risks are now heavily skewed to an all cash portfolio. The markets will become a big day trade.

30 Yr. Bonds …I’m treating 147 as the high for a long time. 143.10 now becomes our upside pivot. Closing above this level
will be short term positive the Bonds and negative the equities.

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