Pro Tips

We’ve come a long way Baby!

Posted on 10/06/2011

You’ve just had a 100 point rally in the Spu’s off the lows. Think about it. Time to do the tighten up!!! Investors who are Long should either pay for their trades or decide how much they are willing to … Continue reading →

IUSD/BRL Brazilian Real Weekly….Euro

Posted on 10/06/2011

A close tomorrow below 179.69 USD/BRL puts in an outside reversal weekly pattern. This is a Risk On Pattern for Equities… The Euro is putting in an outside reversal day to the upside with a 4 P.M. NYC close over … Continue reading →

Risk On is Alive…Euro

Posted on 10/06/2011

Euro..The Euro put in a huge low early today. It tested a reversal low with a dramatic rejection. Look for another 100-150 points up in the Euro.. It should now trade as a reflection of the Spu’s…That direction is up… … Continue reading →

A.M. Look 10/6/11

Posted on 10/06/2011

Please re-read Monday’s and Wednesday’s A.M. look. The levels I write are static “they do not change” Keep them in Front of you! If you wear glasses, put a “post it” on your nose guard with the numbers on it. … Continue reading →

Gold & Silver

Posted on 10/05/2011

This is usually when I give my monthly dissertation about Unemployment lows in the Metals. Typically the unemployment data has historically presented us with a good trad able low. These lows have provided us with great trade location and defined … Continue reading →

Risk On Portfolio

Posted on 10/05/2011

All the big cap High Yielding Multinational names are trading better than the overall stock indices. In the mining sector, FCX and BHP are following through confirming the upside patterns from yesterday. I think you’ll have better luck trading the … Continue reading →

Equity Indices

Posted on 10/05/2011

Have we just established a new 80 point range for the SPU? Will we just rip back and forth in this one, every few days, with a lower low then becoming the new area for Bottom Feeders ?… “Bonds are … Continue reading →

A.M. Look 10/05/11

Posted on 10/05/2011

Here we are, right back to where this game started Monday. The macro numbers have not changed. A re-test of 2180 in the NASD is possible. AAPL was a huge hold, which was then followed by upside reversals and outside upside reversals … Continue reading →

Impatient

Posted on 10/04/2011

You should be out of all short stock index positions!

Anticipation

Posted on 10/04/2011

General tone… AAPL has been floating all boats for a long time. A close under 364 is not positive. 357.50 on down to the 200 day at 353.50 is a level to trap the shorts the first time in. Watch for market … Continue reading →