It’s not the worst idea to take some money off the table in the short spu long bond play. Lock in some profits and have a nice weekend. The Aussie and the Canada are at levels which will make follow … Continue reading →

So far this a.m. they’ve tried to push the stocks both ways with the bonds having the opposite reaction. You still need sustained action under 1083 or over 1098.50 for a break out either way. Until the market can show … Continue reading →

You have a potential 2 day double top at 1098.50.. This has the potential to turn into something significant if the stocks sell off in the last 30 minutes of trading today. .

Today is shaping up to be an early day trading game with the spu having reached the 1098-1103 level yesterday. Today look for rallies to fail initially around the 1095 level. Price action over the above levels would in all … Continue reading →

Traveling the rest of the day. The stock indexes look to be firm into mid week when I’ll be looking for a low risk sale.

Today it will be all about the Spu/Bond spread. 133.19 is the March 09 high we broke from in the 30 year Bonds. The bonds are getting overbought. ( buying strength here is not a great idea) I like the … Continue reading →

Day traders delight…..trade the levels I would expect opportunity on both sides of the market today. It’s summer, Friday in the summer, the computers will be in charge after all the homo sapiens head for the exits after London’s close.

It’s all about managing risk today.. If any investor is short copper per last weeks notes take some off to pay for your stop which is still 342 ( u) Euro…we’re coming into the first major fibs for this qtr’s … Continue reading →

130.30 30 yr. bonds is the level to watch for price rejection today. This is the high from the second qtr 2009. Dr. Nenner has much higher tgt’s. You could see a move similar to the one we saw at … Continue reading →