Tag Archives: Day Traders

Risk On?

Posted on 08/23/2011

I’ve been flipping through the chart patterns of many well known names. CAT,OXY,FCX,BHP,DIG,DE to name a few. For the most part all these patterns are very similar to the S&P 500 Futures. The Spu has gotten the stops over yesterday’s … Continue reading →

Price Action SPU/BONDS

Posted on 08/18/2011

Day Traders… I am personally in no mood to bottom pick, however I would pay attention to the 1150 level in the Spu and 139.18 in the 30 Yr bonds to see if any contra trend trades are generated off those levels … Continue reading →

Recap…Sellers Remorse

Posted on 08/11/2011

Major resistance is major resistance…Since my clientele have differing goals..here goes. Long term private wealth guys were looking for a low risk area to bottom fish..They do not wish to be in and out….that is why we only took half … Continue reading →

A.M. Look 8/1/11

Posted on 08/01/2011

We’ve seen the euphoria that goes with positive statements out of D.C. Now will an ugly reality set in during our day session as the votes are tallied and the details of a deal become clear? In currency land the … Continue reading →

S&P & NASD Futures

Posted on 07/21/2011

I thought you were going to see it back in the low 1330’s for Day traders to re-buy. As of now it’s not happening. There will be stops over 2415 NASD 100 futures. Most long term players bought the Spu … Continue reading →

Day Traders S&P

Posted on 03/03/2011

If we’re going to get a break today it’s from this recent high,however 1312-13 is as much as I would initially look for.