Pro Tips

A.M. Look 6/30/11

Posted on 06/30/2011

Today is month and Qtr’s end. Expect late day window dressing. Time Frame trading…a whole new game can start after 4 P.M. EST today into tomorrow. Read Yra!…Low rates = the yield chase continues These currency levels are from yesterday,they … Continue reading →

Recap…

Posted on 06/29/2011

We’re Long SPU,NASD,GLD,SLV,AAPL The parameters on this are very very tight! The stop is based off 1292 S&P 500 futures and 2279 Nasd 100 futures AAPL has to remain above 331. Time frame ( Unknown). I could be out tomorrow … Continue reading →

S&P 500 & Nasd 100 Futures

Posted on 06/29/2011

We will be going home long these with stops around today’s low. ETF traders can use the SSO or the QQQ We will also be long AAPL using a 5 dollar stop.

Gold & Silver ETF’s

Posted on 06/29/2011

ETF traders….We’re going back to our original Long positions in the GLD and the SLV going into the close. You have eleven minutes left to do this trade or you can wait for tomorrow’s opening.

Gold & Silver

Posted on 06/29/2011

Gold did not close over my Pit level although Silver did. I have not re-purchased the metals yet. I am waiting until just before the NYSE closes (3 CDT…4 P.M. EST) for confirmation of the signal. Why, I got ripped … Continue reading →

SPU/BONDS

Posted on 06/29/2011

Per Langer’s A.M. matrix..1305 SPU & 12312-14 Sep 30 yr. (30% Fib retrace on the year) will be pivotal for the rest of the day. New strength in the S&P above 1305 and all new weakness below 123.12 is needed … Continue reading →

Euro…Aussie…Canada

Posted on 06/29/2011

Euro (144 Futures)…matches up with 144.50 cash today. Aussie (105.80 futures)…matches up with 107 AUD/USD Canada (103.25 Futures)…Matches up with 96.80-90 USD/CAD These are big closing pivots in the currencies! Closing through these levels is needed for further upside. The … Continue reading →

Stock Indices…Metals & Miners

Posted on 06/29/2011

We’re now at the levels that will either hold or they won’t. So anyone trying to be long should not risk much. “Not much more than a couple of handles below today’s low.” If your Bullish this is the area… … Continue reading →

A.M. Look 6/29/11

Posted on 06/29/2011

It’s full risk on today. We are looking to see how the first big break holds off these areas to go long the stock indices. The indices have had very big rallies since Sunday Nights lows. We are not chasing … Continue reading →

Miners…Gold…Risk On Rally

Posted on 06/28/2011

Many of you have positions in the Miners in varying degrees. After a few days of pain they’re preforming well today. Those of you who are in should stay the course, and we’ll continue to monitor the price action over … Continue reading →