Pro Tips

Risk On Baby! 11/10/10, 2:05pm

Posted on 11/10/2010

On a close over 128.20 in the 30 year futures ( The pit closes at 2 CST) take off another 25% of the TBT… I have to leave the rest on just because!

TBT, 11/10/10, 1:23pm

Posted on 11/10/2010

Take profit on half the position.

Today’s Lotto, 11/10/10, 11:59am

Posted on 11/10/2010

Brought to you by your friendly neighborhood Federal Reserve Board at 1 EST I like to put catastrophe orders in way off the market. Today’s levels are brought to you by Charles Nenner. Spu 1185-88 is his key hold momentum level … Continue reading →

peripheral currencies Usd/Brl….Usd/Rar, 11/10/10, 10:46am

Posted on 11/10/2010

Yesterday was a day of outside reversal lower closes in so many asset classes I can’t keep up. Corn,Wheat…Silver ..Gold…Depending which chart ( all sessions or Pit) Spu to name a few. Then there are the miners and the list goes … Continue reading →

YCS… 11/10/10, 8:29am

Posted on 11/10/2010

Take 30 % of your YCS off to pay for the trade.. Futures traders can take their money and await further price action.

A.M. Look 11/10/10, 7:40am

Posted on 11/10/2010

Spu Let’s all be glued to our keyboard for the Mid-Week Shuffle..will they or won’t they Hold? The first level of support is 1205-06….A close below 1997 today would not be positive in my world Bonds 30 yr….128.08 is a … Continue reading →

Game over, 11/9/10, 3:49pm

Posted on 11/09/2010

No short squeeze today… FCX.. a close under 103.20 is short term price negative for the miners

Silver…Gold …Mining stocks, 11/9/10

Posted on 11/09/2010

Long term investors should take at least 30% of their positions off the table to lock in profits. We’ve rejected the first big tgt matches or 1410 Gold and 28 Silver. Yes I am still bullish long term but it’s … Continue reading →

Silver….TBT, 11/9/10, 2:33pm

Posted on 11/09/2010

We’ve seen this Margin movie before over the years. After the 1987 crash the CME margin requirements to protect the clearing members from lunatic runaway speculation left just a handful of guys left trading Spu in the pit..Those guys made a … Continue reading →

FXI…Private Wealth Clients….Questions, 11/9/10

Posted on 11/09/2010

Some of you never got back into China last Wed. per e-mails. Once again I endeavor to give you the lowest risk profile trades, which means the trades need to be executed at or near the levels suggested (when they are suggested). Waiting … Continue reading →