Pro Tips

A.M. Look 4/13/11

Posted on 04/13/2011

“Matches and targets” We are a big fan of Charles Nenner’s model work. His targeting system and model work for ( TREND) breakdown’s is par excellence. Yesterday was a perfect example on how to use his technical work. Gold,Aud/Usd, Usd/JPY … Continue reading →

30Yr.Bond…TBT Stop

Posted on 04/12/2011

Many of you shorted the 30 Yr. right in here. 119.02-14 in the futures. TBT trades were purchased anywhere from 37.75-38.25. The TBT stop we will use is a 37.80 stop close only. The spreads are running the show…short equities/long … Continue reading →

A.M. Look 4/12/11

Posted on 04/12/2011

Yen Crosses…USD/JPY Posted on 04/07/2011 at 10:53 AM The yen futures double bottomed last night showing that the one way train in the yen crosses was very long in the tooth and a correction was afoot. The first area to … Continue reading →

A.M. Look 4/11/11

Posted on 04/11/2011

Sometimes the best course of action is to watch. Our Bond trade is working, the stocks are a brutally hard trade with the Nasd continually failing at the 2350 level.In general all the commodities are very pricey. The one point … Continue reading →

A.M. Look 4/8/11

Posted on 04/08/2011

I am sure the mid-week shuffle twisted a lot of heads yesterday. The 30 yr Bond short was the cheapest way to be long the stocks.  Long Spu/Short bonds anyone? The stock trade still has massive sector rotation, meaning it all comes down … Continue reading →

Yen Crosses…USD/JPY

Posted on 04/07/2011

The yen futures double bottomed last night showing that the one way train in the yen crosses was very long in the tooth and a correction was afoot. The first area to look to get some back on is off … Continue reading →

Pattern Alert…30 Yr. Bond Futures…DE…CAT

Posted on 04/07/2011

You have a double bottom in the 30 yr. futures at 118.14. DE under 96.25 is negative the board CAT …a weekly close under 108.61 would confirm a near term top. Not only would this put in an outside reversal … Continue reading →

Euro

Posted on 04/07/2011

There is a lot of focus on the Euro today after the ECB meeting. Just a reminder that 142.35 was last weeks close. Simply put you have to have closing price action under this level to have a chance at … Continue reading →

A.M. Look 4/7/11

Posted on 04/07/2011

There is not much new to say. We’ve taken a small short position in the U.S. 30 yr. Bonds and will look to sell rallies and be out of this trade in the 115 handle. Currencies…They’re all about how they … Continue reading →

SPU/BONDS

Posted on 04/06/2011

Let’s be patient and wait this out for a while.. The Bonds have to close below 119.22 on the 30 yr. and the Nasd and QQQ need to confirm the up with the closes mentioned this a.m. In short the … Continue reading →