Pro Tips

Silver…Stock Indices…AUD/USD

Posted on 05/03/2011

Silver is set to re-test the Sunday low. 41.77-42.05 is the Keno level. We are not playing this time down and it is a level for only the nimblest of professional traders to monkey around with. A close below 41.77 … Continue reading →

A.M. Look 5/3/11

Posted on 05/03/2011

It will be interesting to see if yesterday was indeed the end to the happiness created by the Fed. We got outside reversal days to the downside in CAT,Russell,Midcap along with a big time technical high in the Aussie. We’re … Continue reading →

Spu..Russell..Midcap

Posted on 05/02/2011

Midcap 100770 a close below puts in an outside reversal day to the downside. Russell 85860 a close below puts in an outside reversal day to the downside. Only the Spu lag..

AUD/USD

Posted on 05/02/2011

Let’s get a starter position going SHORT Aussie @ the market! Keep in mind that you’re real stop is 80 points higher!

AUD/USD

Posted on 05/02/2011

Last night’s high in the Aussie basically completed a 40 year journey trading within ticks of the all time 2/3rd’s. As previously discussed, the Aussie has historically been a good risk indicator. Strong Aussie=strong equities. This is another piece to … Continue reading →

SPU…CAT

Posted on 05/02/2011

Those of you that took the Spu route and shorted the index “add to the shorts on a 1354 stop close only.” A daily close of the CME futures @ 3:15 Chicago time. A close below 1355 will put in … Continue reading →

Stocks…Locking in Profits

Posted on 05/02/2011

We’re at very lofty levels in a lot of stocks. Many of you longer term investors have sizable gains in those high beta dividend yielding stocks. Some like Oxy are up close to 20% in just a week. There are … Continue reading →

CAT…Pattern Alert

Posted on 05/02/2011

A close today below 114.53 will put in an outside reversal day to the downside. Again, this is a price negative pattern. Good support in Cat is at 112.70. Looking at possible price action scenarios I would expect that the … Continue reading →

Methodology…Lemming Effect Capital Flow

Posted on 05/02/2011

This A.M. let’s take a up a few lines critiquing our style. #1 JJG On 4/28/11 we were eyeballing the JJG for a trade. What we wrote: The JJG shows some support right here at 53.05 We’d like to get … Continue reading →

A.M. Look 5/2/11

Posted on 05/02/2011

Early Hong Kong had the Silver touching the area we wrote as the low risk buy zone last Wednesday. This will now turn into a huge short term technical trade. We will send out a piece on this later today. … Continue reading →