Tag Archives: BHP

Risk On Nibble…Single stocks

Posted on 09/13/2011

I am going to buy a very small position in OXY since it traded almost to it’s downside tgt. We’ll use a 3 dollar stop (77) 3M has put in a double bottom on the weekly charts.This instrument needs to … Continue reading →

Price Action…Risk On…Oil,Miners,Gold

Posted on 06/21/2011

There are many instruments showing bottoming chart patterns. Yesterday we spoke about the Oil Etf’s, today should have you looking to the Miners for value: GDXJ,NEM,PAAS,BHP,FCX,SLW all have similar patterns… A close today in AAPL above 320.30 is positive, further … Continue reading →

BTU…OXY…FXI…EEM…EWZ…BHP…AUD/USD…Metals…Russell

Posted on 05/27/2011

The following instruments are working on putting in outside reversal higher weekly closes. ( price positive formations) Closing #’s are as follows: BTU…61.18 OXY…103.85 FXI… 44.19 EEM …47.84 EWZ….73.61 BHP…95.66 Russell…839 The picture being painted is a very big RISK … Continue reading →