Tag Archives: DIG

OCO’s

DIG…The real stop for this Etf is 55.40, however those that do not wish to risk that much can use 56.20 close. You should take 2/3 rds of your profit between 59.15-35. As always keep adjusting your order sizes as … Continue reading

A.M. Look 4/15/11

Yesterday we bought DIG,OXY, and GDXJ ( Junior Miners). Later today we will write some OCO orders ( One cancels the other) in these instruments. One side will be a stop the other a profit level. The big macro levels … Continue reading

DIG

We want to put on some DIG with a 55.45 stop. ( buy) Would not go more than 30% of full position.

Pattern Alert…DIG

A close below 57.66 puts in an outside reversal day to the downside. This is generally a price negative pattern. If you have individual names you should look them over for reversal patterns. Gravity is setting in on the equities!

Price Action

You’ve got some pretty interesting mid-week extremes going on. The present flows can maintain direction into no man’s land, after London’s close and thru New York’s lunch time. Then we’ll see if the U.S. buys the stocks back up later … Continue reading

A.M. Look 1/18/11

The Euro areas are well defined, 132.50 below and 134.40 ish on top. Price action above 134.40 will lead to further gains. The Sterling has exceeded it’s 1st upside tgt of 160. Only a couple of closes over 161.70 will … Continue reading

DIG

We were hoping that this Etf would match up with $91/bl (H) crude.. The level we would like to buy against is 47.25. It does not look like it will get there today. Buy a 30% position at the market. … Continue reading