Pro Tips

A.M. Look 9/15/10

Usd/Jpy 84.50-60 and 83.80 are the two levels that will now be in play. The first level is the closing number for the Usd/Jpy to put in an outside reversal week to the upside ( down in futures). The second … Continue reading

Afternoon 9/14/10

Any long term investors ,wishing to buy some portfolio insurance, this area is as good as any. I’m looking from here down to 30 in the SDS to nibble at some exposure. Start small! I have no idea which high … Continue reading

A.M. Look 9/14/10

Some general thoughts….This week Dr. Nenner is looking for a high in Oil & Canada futures as well as a possible high in the equities over the next couple of days. Markets in general need a few days worth of … Continue reading

JJG…Aussie

Resistance in the JJG is now 43.60-43.75.. This is significant for two reasons, the potential double top on the monthly from last month, and the current overbought daily condition. Investors who are long the JJG should take off the bulk … Continue reading

a.m. look 9/13/10

Spu…The long term stops are over 1127.50 Sept..(app 1122.50 Dec.) The Aussie has been a great run. It’s time to take the bulk of money on this trade. Investors who wish to let some ride can do so with a … Continue reading

A.M. Look 9/8/10

The big tick Usd/Jpy.. My long time readers should know that I’ve been eyeballing 120.50 ish in the yen futures for a while (App 83 ish Usd/Jpy) . Last night we had another assault on Dr. Nenner’s 105.60 level in … Continue reading

Eur/Chf

This is long euro/ short Swiss franc Eur/Chf ….128.51 !!! is last months low… short euro long Swiss is very overstretched here.. Meaning ..do not press this direction…short euro / long Swiss quite the contrary it’s a good place for … Continue reading

A.M. look 9/7/10

1090.30 spu is the area to watch for the next 2 days. The bulls need for this price to trade and hold. Metals…use a stop below Friday’s unemployment lows to manage risk. If you’re long or buying breaks, a violation … Continue reading

perspective time

The equity indices are now trading around unchanged on the year again. Short term areas are 1111 Spu and 1877-80 ish in the nasd. Bonds, TLT,TBT..have all come back to major areas. Have Gold and Silver put in the unemployment … Continue reading

Sept Bonds 132.00 !!!!!

This is the next big inflection area for the bonds!!!!! Price action below will start another swing down in the bonds and up in stocks.. Let things settle out before pressing direction!