Pro Tips

A.M. Look 1/24/11

Spu,Gold,& Silver have all probed both sides of the market last night. The Euro is in a near term support zone. It seems way too early to pick a side without further price action. Be patient and let the day … Continue reading

SDS…REE…GE…GOOG

I am buying a 20% position in the SDS at the market using a 22.20 stop. Sell another 20% piece of REE @ the market. GE is holding up the entire market having elected multi qtr stops over 19.70. GOOG … Continue reading

TBT…30 Yr. Bond Futures

If you don’t have resting orders you can’t get filled. On that note place 2 orders: Sell 30% of your position @ 41.50 Sell another 30% @ 42.15 Let’s see if they can run all the stops later today. These … Continue reading

A.M. Look 1/21/11

Euro…We got stopped out of the Euro with a push to a small loss depending on your execution. Long Euro/short everything will continue to be the feature for the rest of the day. Close attention should be paid to these … Continue reading

REE…( Rare Earths)

Percentage wise, this has been a monster move today. Sell 25-30% of this ETF @ the market or by the close to pay for the stop. We’ll use an 11.95 closing stop on the balance. Leave a resting order to … Continue reading

Euro

This currency, as previously stated, is just the wrong way on every cross. It is my firm belief that this currency has major fleas,however It seems prudent to lower the stop to around break-even with a 135 cash stop.

Cheap Look…Financials

Buy the XLF at the market with a 16.15 stop. With the bonds getting crushed and the stocks firming This is a good place to play.

Short 30 Yr. Bonds….Long TBT

This is the bottom of the range in the 30 yr. futures with macro stops around or just below 119.00. Those investors that wish to lighten up can do so. I would suggest no more than 25-30% of current holdings.

Spu…Russell…SOX….Aussie

This is the wrong time of day to press direction… The Russell @ 774,Spu 1268, Aussie @ 98.20-50 cash, and the Sox breakdown # of 424 are now the pivots for the entire market. The Bulls will, in all likelihood, … Continue reading

REE (Rare Earths)…AAPL

This has been on our buy on the big dip into this area. I just got an e-mail from one of my clients ( who we shall refer to as Mr. Lucky for now) got filled at 12.10 the low … Continue reading