Pro Tips

EURO

Let’s take a small short in the Euro with a 40 point stop. Sell the Euro with a stop over 138.30.  

A.M. Look 9/15/11

We have a small Risk On Portfolio. Confirmation will be signaled by the Bunds ( German 10 Yr. Bond) closing the week below 136.56, and the 30 Yr. U.S. Bonds, which need to close below 139.07 DEC. The U.S. 30 yr … Continue reading

And the Winner is?

China was the only Stop Close only elected…We are Long FXI If you bought DE let me know so I can write a stop.

STOP CLOSE ONLY!!!!!!!!!!

You want price confirmation that these trades are good! The SPU’s just rolled back over. If you don’t get these confirmations do not do the trades…WAIT!!!!!!!!  

EWZ…FXI

Time to diversify. You placed the orders for EEM. FXI puts in an outside reversal close to the upside over 35.88… We’re adding China as well as some Brazil with closes over the levels.    

EEM

We will be looking to add the EEM Etf to the “Risk On” portfolio via a closing order if elected. BUY EEM on a 40.05 “STOP ON CLOSE ONLY.” Simply, if it’s above 40 on the close today we’ll try … Continue reading

S&P 500 Shorts…IBM…30 Yr. Bonds

So much for that..Giving back 6 handles after having a couple of 80 point winners in the SPU isn’t the end of the world. We still have the single stock longs. Currently we are still in a small short position … Continue reading

Risk On…S&P Stop…IBM

The world hasn’t imploded…. We Sold the Spu @ app 1172.50 this A.M. Use an 1179.50 stop intraday… If Index gains hold going into the early afternoon we will consider putting some IBM into our Risk On Nibble…we will wait … Continue reading

Bunds…30 year Bonds…Pattern Alert

136.56 December….A Friday close below this level puts in an outside reversal week to the downside. 140.16 (September) 30 Yr. puts in the same pattern as above. This pattern would be stock positive to the Dax and the S&P 500

Price Action…Position Rationale

This A.M. we sold some S&P 500 to hedge against our short Bonds and Long Equity Nibbles. It’s going to get busy after London’s close today with a statement expected as to the survival of Greece followed by a 30 … Continue reading