Tag Archives: Gold

EUR/CHF…Precious Metals

Posted on 06/30/2011

Long Euro/Short Suisse 121.50 now becomes the weekly focus in this cross. A close tomorrow, above, will put in an outside reversal week to the upside, signaling an interim bottom. Last months close was 122.96, which should cap the rally … Continue reading →

Recap…

Posted on 06/29/2011

We’re Long SPU,NASD,GLD,SLV,AAPL The parameters on this are very very tight! The stop is based off 1292 S&P 500 futures and 2279 Nasd 100 futures AAPL has to remain above 331. Time frame ( Unknown). I could be out tomorrow … Continue reading →

Gold & Silver ETF’s

Posted on 06/29/2011

ETF traders….We’re going back to our original Long positions in the GLD and the SLV going into the close. You have eleven minutes left to do this trade or you can wait for tomorrow’s opening.

Gold & Silver

Posted on 06/29/2011

Gold did not close over my Pit level although Silver did. I have not re-purchased the metals yet. I am waiting until just before the NYSE closes (3 CDT…4 P.M. EST) for confirmation of the signal. Why, I got ripped … Continue reading →

Stock Indices…Metals & Miners

Posted on 06/29/2011

We’re now at the levels that will either hold or they won’t. So anyone trying to be long should not risk much. “Not much more than a couple of handles below today’s low.” If your Bullish this is the area… … Continue reading →

Miners…Gold…Risk On Rally

Posted on 06/28/2011

Many of you have positions in the Miners in varying degrees. After a few days of pain they’re preforming well today. Those of you who are in should stay the course, and we’ll continue to monitor the price action over … Continue reading →

EUR/CHF…Qtrly Chart

Posted on 06/24/2011

We’re back to my favorite look for the past 2 qtr’s, EUR/CHF. In Sept 2010 I wrote a piece as to the condition of this cross. We stated to not be short the Euro when the entire street said yes. … Continue reading →

GLD & SLV… ETF’s Reminder

Posted on 06/24/2011

We will be flat these ETF’s going home. I.E. We will have no positions in these or any other instruments.

A.M. Look 6/24/11

Posted on 06/24/2011

Chart patterns…will the metals hold? Both of these metals have “Potential” outside reversal weekly patterns to the downside. For now they are holding… We will need a close today above 1511 in the Gold, and 34.40 Silver, to maintain the … Continue reading →

Pattern Alert…Gold & Silver

Posted on 06/23/2011

Both of these metals have “Potential” outside reversal weekly patterns to the downside. For now they are holding…We will need a close tomorrow above 1511 in the Gold, and 34.40 Silver, to maintain the weekly patterns. Closes under these levels … Continue reading →