Pro Tips

Nasd 100…QQQ…Position update

Posted on 10/16/2012

Our exit level has been reached. Investors who wish to remain long should use a breakeven stop on the remainder of your holdings.  

Nasd 100 & QQQ Trade Alert!

Posted on 10/16/2012

Sell another 25% @ the market…

Nasd 100 & QQQ Trade Alert!

Posted on 10/16/2012

Sell 25% of your Long exposure @ the Market.. Again, I’m looking at this as a trade.

A.M. Look 10/16/12

Posted on 10/16/2012

Euro… is at the top of a triangle and channel line as shown on both the Point & Figure and Bar chart. Weekly stops rest over 130.60-75. Yen…is getting close to our breakdown level. 126.40-78 is still the closing support … Continue reading →

Nasd 100…QQQ Trade Alert!

Posted on 10/15/2012

Both the Spu’s and the Nasd 100 are attempting ORH days. A close over 1434.50 in the Spu is needed to complete this pattern. Nasd 100…a close over 2728.50 is needed for the pattern. Since the Nasd has had a … Continue reading →

AAPL_-_Apple_Inc_Point_&_Figure_100x3_Ticks.gif

Posted on 10/15/2012

There is a potential double bottom in place. Price action back over 635 will be bullish.

A.M. Look 10/15/12

Posted on 10/15/2012

Spu’s & Nasd…are both at short term resistance. The low 30’s in both should be problematic. AUD/JPY…80.65-70 is resistance EUR/JPY…102.12 is resistance Soybeans…our original statements from last month still hold in the Beans. Our full downside swing count for this … Continue reading →

AAPL-Apple_Inc_Daily.gif

Posted on 10/12/2012

AAPL…is till running the show This is holding closing support @ 623-19 Do Not fade this price action back up today.

TBT_-_ProShares_UltraShort_20+_Year_Treasury_Weekly.gif

Posted on 10/12/2012

The channel line as shown on this chart lines up with the 30 Yr. Futures in the low 149.20’s. While the 30 yr. point & figure is once again flirting with the downtrend line from the 153’s, we’ll need some … Continue reading →

A.M. Look 10/12/12

Posted on 10/12/2012

Nasd 100…2715-20 now becomes the key hold level and near term closing pivot. Spu’s…the resting stops are below 1425. They elected them last night…now all new strength over 1437 will run out all the shorts. I would still need a … Continue reading →