Pro Tips

A.M. Look 9/2/11

Posted on 09/02/2011

SPU….We Want to pay for our shorts right in here by buying 30% of the our S&P 500 Futures right here @ the market! ” 1189.50 -11779.25″ is the key zone. SDS traders sell 30 % of your longs at … Continue reading →

EURO…EUR/CHF…Weekly Pattern Alert…Precious Metals

Posted on 09/01/2011

The Euro is attempting an outside reversal week to the downside with a close below 143.28. This is a Dollar bullish / Euro Negative pattern. EUR/CHF is attempting the same pattern and a close under 112.59 is needed. This cross … Continue reading →

SDS…S&P 500 Futures…Risk Off

Posted on 09/01/2011

It’s time to try a short against the highs in the SPU My main reasoning is a definable out or stop. I also like the low in the Sep 30 yr. Think SPU/BONDS. ETF traders can use the SDS…Buy the … Continue reading →

TBT…30 Yr. Bonds

Posted on 09/01/2011

Private Wealth guys with large bond Portfolios… Some of you bought TBT’s as a partial hedge against your long portfolios below 25. It is unknown at this time whether we take another stab at very low rates with a stock sell … Continue reading →

GDXJ…Junior Miners

Posted on 09/01/2011

We’re long this instrument. It put in a daily double top yesterday just above the 200 Day Mvg Avg of 37.50. Take profit on 50 % of your position. Raise your trailing stop to 35.20 on the rest.  

A.M. Look 9/1/11

Posted on 09/01/2011

I’m semi-in and trying to catch up, so I will just make a few general comments. I am quoting DEC OIL. SEP BONDS still leads for me for another 2 weeks. Pay attention, there is a significant spread to the … Continue reading →

Out of Office Notice

Posted on 08/29/2011

After the close today I will not be reachable until Thursday. I will be traveling to the Great Northern Hinterlands to move my 93 yr.,cigar smoking, martini drinking father into a place more suitable for his age. I will not … Continue reading →

TBT…30 Yr. Bond Futures

Posted on 08/29/2011

I have been looking at buying the TBT all A.M. and have as yet to pull the trigger. We’re getting close to the top of the recent range in the SPU. The monthly stops in the 30 Yr. are under … Continue reading →

A.M. Look 8/29/11

Posted on 08/29/2011

The board has a decidedly “Risk On” bent this A.M. Let’s see if this can continue for a couple of days. EUR/CHF & USD/CHF are key features of last night’s movement. Suisse has just retested Friday’s low of 122.64 Futures ( 81.58 … Continue reading →

EUR/CHF

Posted on 08/26/2011

117.76-118.04 will be an important pivotal level in this cross. This is a re-test of last months outside reversal monthly level.