Tag Archives: Grains
Day End General Comments
Many of you took a good piece or all of your shorts off at DR. Nenner’s 2218 Sept Nasd 100 level matching the 200 day mvg avg. and unchanged on the year in the Nasd. Levels like these are rarely … Continue reading
CORN
Sell some of your Corn ETF @ the market. Do not wait for 48.60
A.M. Look 6/9/11
This morning shows 127.19 to be a level of great interest in the (M) 30 yr. Bond. Price rejection at this level could lead to a double top pattern on the weekly. Bonds are getting into overbought territory. If this happens … Continue reading
A.M. Look 5/20/11
Current holdings are a 50% position in the JJG which was initiated May 12th against the 200 day moving avg. We have taken a piece of this trade off each of the past 2 days. Many of you long term investors still … Continue reading
JJG ipath DJ-UBS Grains
The JJG shows some support right here at 53.05 We’d like to get long this ETF at 52.15 with a 25% position. The one caveat in this trade is that we would like to see a weekly close over 53.32 … Continue reading
4/25/11
Let’s start where we left off.. April 15, 2011 9:46:16 AM CDT 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 … Continue reading
A.M. Look 3/15/11
Night Owl Trading. The Spu got the stops under unchanged on the year ( where it closed Dec 31/2010) This is significant for all those buy side private wealth managers whose mantra is to just buy and average forever. They … Continue reading
A.M. Look 3/10/11
Silver (H) …35.15 is the level we held Friday for this past leg of the rally up. Today the bears would love to see 35.40 ish reject and start lower again during the day session. Dollar Bulls…We’re short the Euro and … Continue reading