Pro Tips

Silver… A 40 yr. Retrospective

Posted on 04/25/2011

Silver is completing a journey 30 years in the making.

4/25/11

Posted on 04/25/2011

Let’s start where we left off.. April 15, 2011 9:46:16 AM CDT DIG…The real stop for this Etf is 55.40, however those that do not wish to risk that much can use 56.20 close. You should take 2/3 rds of … Continue reading →

OCO’s

Posted on 04/15/2011

DIG…The real stop for this Etf is 55.40, however those that do not wish to risk that much can use 56.20 close. You should take 2/3 rds of your profit between 59.15-35. As always keep adjusting your order sizes as … Continue reading →

A.M. Look 4/15/11

Posted on 04/15/2011

Yesterday we bought DIG,OXY, and GDXJ ( Junior Miners). Later today we will write some OCO orders ( One cancels the other) in these instruments. One side will be a stop the other a profit level. The big macro levels … Continue reading →

DIG

Posted on 04/14/2011

We want to put on some DIG with a 55.45 stop. ( buy) Would not go more than 30% of full position.

GDXJ…OXY…SPU/BONDS…CAD/JPY

Posted on 04/14/2011

I am liking today’s low in OXY and the Junior Miners for a trade. The stop is just below today’s low in both. I have not calculated a potential upside but at least I do have the stop for any … Continue reading →

A.M. Look 4/14/11

Posted on 04/14/2011

More one way bets are being taken off. I would look for at least another figure in EUR/JPY, 118.50 level seems the first good sticking point. We still want to put the cross on around 117 ( long Euro/Short Yen) … Continue reading →

Investing and the Irrational Mind

Posted on 04/14/2011

Robert Koppel,long time Friend, trader and Financial author, has just finished another excellent read and I don’t say that purely based on the fact that yours truly is quoted! Koppel covers many interesting dilemmas and demons we all face as … Continue reading →

SDS…TBT

Posted on 04/13/2011

We will buy the SDS today on a 21.45 “stop close only” This would put in an outside reversal day to the upside and signal more equity index weakness. Use this as a hedge against any existing longs or just … Continue reading →

REE…Rare Earths

Posted on 04/13/2011

This Etf has been a great risk barometer. 16.40, today’s high, was a re-test of the outside reversal low daily close that took this instrument to the 9.50’s matching the 1240’s in the Spu. 16.40 was also our trailing closing … Continue reading →