Tag Archives: CAT
S&P 500 ….Price Action
The market acts horrific.. New shorts will be initiated on new lows. You’ll see these new shorts getting trapped all day. Day- Traders, be patient for the small pops. Until you get price action back above 1254 the shorts are … Continue reading
USD/CAD…Stops…Safe Haven Price Action
Currently USD/CAD is having difficulty with the 94 level. A close today over 94.80 will have us sell the remainder of this position. We’ve been stopped out of Cat…( “The dog with the least amount of fleas” Gordon Gekko ..after … Continue reading
A.M. Look 7/27/11
The main feature last night was the Aussie. Major stops were elected over 110.20. 110.81 ( 1979 low)-111( opening of trading in the AUD/USD 1971) is the resistance I show. 111 is a huge # for me on a lot … Continue reading
BP…CAT
Some of the longer term investors that follow Charles have added Long BP. My followers have added CAT around 105 last week. We’ll use a 50 cent stop in BP…just below 46.. All long Cat positions should be managed against … Continue reading
CAT
103.22-102.50 This is the major hold level for this instrument. It represents a 50 % re-trace of this past swing
A.M.Look 6/27/11
There is a huge end game setting up for the end of the qtr. ( Thursday’s close). Last night’s lows in the equity indices are key levels to watch if the indices are to hold. We will be in wait … Continue reading
Resend…Qtrly levels
There are big natural resting stops below these #’s in the Indices…Keep them in front of you. There is a huge end game setting up for the end of the qtr. ( this months close). A close under 1249 in … Continue reading
Recap…Big Picture
We lightened up or got out of most of our positions today. First they jammed a lot of people today during a very thin time of day after London’s close. Many weak market participants were run out of their long … Continue reading
A.M. Look 5/3/11
It will be interesting to see if yesterday was indeed the end to the happiness created by the Fed. We got outside reversal days to the downside in CAT,Russell,Midcap along with a big time technical high in the Aussie. We’re … Continue reading