Pro Tips

SPU/BONDS

Posted on 09/14/2011

The 30 Yr. Bond Futures are trading within ticks of it’s model closing breakdown level. “139.17 Dec.” We have to monitor this level closely to see if this is going to be the high in the Spu’s and the low … Continue reading →

A.M. Look 9/14/11

Posted on 09/14/2011

Yesterday we picked up a few names in a small way. Keep the tight stops in place. SPU…The range was very big last night. We will monitor the price action to see if there is a low risk level to … Continue reading →

JJG

Posted on 09/13/2011

Let’s put on a partial long in this ETF..Buy the JJG @ the market. I was looking at just below 51 for a buy,however I want to have some small long exposure just in case we don’t see it. The … Continue reading →

Risk On Nibble…Single stocks

Posted on 09/13/2011

I am going to buy a very small position in OXY since it traded almost to it’s downside tgt. We’ll use a 3 dollar stop (77) 3M has put in a double bottom on the weekly charts.This instrument needs to … Continue reading →

A.M. Look 9/13/11

Posted on 09/13/2011

Another big day trading day is setting up. Buy the breaks & Sell the rallies. Two notes of interest this A.M.: The Singapore Dollar, which has been the strongest and most stable currency in the World, has also given up some … Continue reading →

A.M. Look 9/12/11

Posted on 09/12/2011

Early London saw the Euro trade into the 134 handle. This is close to a 50% retrace of the past 2 years. It also led to the first contra trend reversal in 6 cents. This move is long in the … Continue reading →

Uncle Buck

Posted on 09/09/2011

The outside reversal week in USD/NOK looks to be a lock. Last week it was the Brazilian Real, UUP, and the Dollar Index The average big standard deviation move in a major currency is usually 8-10 figures. You got that this week … Continue reading →

TBT…30 Yr. Bond Stop Reminder

Posted on 09/09/2011

Make sure you have your stops in place in the Bonds and TBT There is no reason whatsoever to lose money on this trade. Stay short the S&P 500/Long SDS

A.M. Look 9/9/11

Posted on 09/09/2011

In Currency land the Euro and Suisse have basically achieved their first Fib tgt’s we put out yesterday. The G-7 meeting is starting. SPU’s…They’ve muddled around all night. This will be an end of day game. Will they or won’t … Continue reading →

Dollar Bulls

Posted on 09/08/2011

88.25-50 USD/CHF ( app 113.25 Sep Futures) This is 2 year FIB area that represents support for the Swiss and a trouble zone for Dollar bulls the first time in. Euro..Monthly stops should lie @ app 138.37. The first 2 … Continue reading →