Tag Archives: DE

A.M. Look 2/10/12

Posted on 02/10/2012

30 Yr. Bonds…We currently have a double top and a double bottom on the Monthly Bond Chart. 140.22 (H) Futures is the bottom level currently in play. Closing below this level, coupled with sustained price action below 140.22, would have us … Continue reading →

A.M. Look 2/8/12

Posted on 02/08/2012

Early yesterday when the Spu’s showed weakness the AUD/JPY did not. AUD/JPY…( Long Aussie/Short Yen) remains a leading risk on indicator. 84.00-84.12 is the next short term resistance level. DAX….shows no significant resistance until 70000 Copper…there are resting stops above … Continue reading →

A.M. Look 2/7/12

Posted on 02/07/2012

Point & Figure Patterns this A.M. shows a double top in the SPU’s @ 1342.50 and the Brent OIL @ 116.70. Long Brent/Short WTI is the feature in the Oil Mkt. Spu’s…is all about where and how they hold breaks today into … Continue reading →

A.M. Look 2/6/12

Posted on 02/06/2012

The strength in the dollar and the weakness in the precious metals has been the feature since the opening bell last night. SPU…we are looking to see a probe into the 1327.50-29.50 area & NASD..2500-02 during the Chicago pit session … Continue reading →

A.M. Look 2/3/12

Posted on 02/03/2012

It’s another un enjoyment Friday. This day has been a non event for a long time with the exception of the metals. The first Friday has typically shown a significant high or low for the next few weeks in Gold … Continue reading →

Position Update…OIL

Posted on 02/02/2012

……………..Stop Close      Profit Points Long TLT     116.50                 121.70 Long XLE     70.40                   80 Long NEM    59.80   … Continue reading →

Position Action Alert

Posted on 02/02/2012

We’re buying DE with an 85.90 closing stop. AUD/USD..short term traders can be long Aussie against today’s low. COP is headed to the 200 day @ 70.50. Some of you have already started positions here. We will write a stop … Continue reading →

A Few Possible ORL…Patterns

Posted on 01/31/2012

It’s gonna be an interesting end of day game. OIL (CLH12)…98.43 3M….86.42 DE….86.34 XLI…36 Silver..33.03 Platinum…1601 GS…Hit tgt of 112.50 The stock rotation has been prolific again today…let’s see who wins  

Position Update

Posted on 09/28/2011

You should be stopped out of JJG & BTU…DE,CVX,BP and 3M are still alive… Do Not Lose Money On Any of These Positions… The trade should be sloppy over the next couple of days, with both Bulls and Bears trying to … Continue reading →

A.M. Look 9/28/11

Posted on 09/28/2011

We sold 50% of our long Stocks and ETF’s for a decent profit yesterday. Keep a break-even stop on the remainder of your holdings. Gold..we took a very small look at this instrument via the GLD. Futures traders got your trade location … Continue reading →