Pro Tips

Aussie

Posted on 11/29/2010

Let’s buy a little more Aussie at the market. We know where we are wrong. Being slightly overweight the Aussie on the spread vs the Yen will also give us some cover on our SDS hedges against the emerging markets.

Aussie Dollar

Posted on 11/29/2010

I’d been mentioning to some of you that I would like to try the Aussie around the 94.50-95.50 area over the past couple of weeks. It’s do or die time for a lot of markets. We’ve got big profits in … Continue reading →

A.M. Look 11/29/10

Posted on 11/29/2010

Tomorrow is month end and a very broad part of the board has big changes afoot. The following is a list of the outside reversal monthly closes across key currencies and related country ETF’s. Euro…. 136.17 USD/JPY…. 84.00 USD/NOK.. 595.88 … Continue reading →

A.M. Look 11/24/10

Posted on 11/24/2010

Long Spu/Short Bonds is once again going to be the flavor of the day… I am still looking to sell the big multi point rallies in the 30 yr. via the long TBT trade at the major fib levels. These … Continue reading →

11/23/10 round #2

Posted on 11/23/2010

We have just acheived some big tgt levels in the Euro near 133.50 and the Aussie “Second time down to 97.20” Take a long deep breath….this is the time of day for some directional correction

Bonds…TBT

Posted on 11/23/2010

It’s pick a swing day. 130 +- a few…131+- a few ticks are the major retracement levels coming back up in the 30 Yr. Bond futures from the 125.18 double bottom and our exit area ( app. 138.20 ish in the TBT) … Continue reading →

A.M. Look 11/23/10

Posted on 11/23/2010

Month end is 1 week from today. Lemming effect trading will be in full swing. Meaning the markets will get pushed directionally over certain trading time frames and then can have a very abrupt about face. 1179.70 spu, 2122     … Continue reading →

Grains and JJG

Posted on 11/22/2010

I’ve been waiting for a break in the soybeans to the 11.40 area and the JJG to the 42.50-43.50 area. As of now I don’t see it, so I am putting on a portion of the JJG Etf with a stop just below today’s … Continue reading →

Metals and Miners

Posted on 11/22/2010

I like the present lows for the Gold,Silver and miners. With all the instability in Europe the metals look very attractive to me. Even with all the price action in the metals over the past 20 hours, the breaks held. The Europeans … Continue reading →

A.M. Look 11/22/10

Posted on 11/22/2010

For now the news is out of the way on Ireland. The European traders have treated the news as “sell the fact” after the big rallies last night in the equities and currencies. The U.S. Bond reaction was quite muted. So … Continue reading →