Tag Archives: Gold
GOLD
That was quick..Didn’t take long to get stopped out. Going into hiding until the last 45 minutes of the day.
Long Term Investors…Gold
If you believe in the long term Gold story we’ve come down to the tgt level. This is the place to take a shot at a small long with a 10 dollar stop. This is a nibble ! Not a … Continue reading
SPU…GOLD
You have a double top on the point & figure charts at 1134..This level is now you’re trailing stop for shorts. The dummy swing, for the downside, in the Spu from here is the 1050 area. “All new weakness is … Continue reading
Risk On Nibble…Single stocks
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
A.M. Look 9/13/11
Another big day trading day is setting up. Buy the breaks & Sell the rallies. Two notes of interest this A.M.: The Singapore Dollar, which has been the strongest and most stable currency in the World, has also given up some … Continue reading
A.M. Look 9/7/11
The way the board is setting up today from the overnight action there should be plenty of everything today in the equity indices. Meaning I think they’ll try them up and down from here, 10 points both ways, with lots … Continue reading
TBT…Metals
This is for all investors and Traders.. I am buying a 30% position in the TBT with an intra-day stop just below today’s low. Very long term investors who have been involved,Long the Metals ETF’s, should take your money ( … Continue reading
A.M. Look 9/6/11
There is a reason we mainly trade futures and not ETF’s. The last 2 days should make it very clear. The SNB reversed the world currency flows off the support levels put out yesterday a.m. in the weekend special.. SPU/BONDS…This spread … Continue reading
Weekend Futures Special…Futures Traders
In a world where every trade is the same trade you can pick your poison. There is always another surrogate trade or low risk alternative once the board changes from Risk ON to Risk Off. Friday into last night was … Continue reading