Tag Archives: jjg
SPU/BONDS…OIL…JJG
Keep selling rallies in the S&P 500 Futures. We exited our last shorts around 1326. We just put a few back out this a.m. and will be selling the futures @ 1337-8 if they rebound again with a 1345 stop. We will … 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
Grains…JJG…USD/BRL
The Soybeans pattern shows a double bottom on the weekly charts and will put in an outside reversal week to the upside with a close over 13.52 PIT close, however the big challenge is to close over the closes of … Continue reading
JJG
Up 10% in under 5 trading days. It’s time to take a 25% piece off to pay for the stop.
A.M. Look 5/18/11
Yesterday saw some good lows for now in the currencies,oil and the metals. This was the main reason we were pealing off positions in the SPU/Bonds and covering our Euro and Aussie shorts. The currencies were done more as a … Continue reading
A.M. Look 5/17 11
To all my Philistine followers (non-believers) today brings you this months episode of Full Moon Trading. We are Short Spu/Long 30 Yr. Bonds,Long Gold, Silver and JJG with shorts in the Euro and Aussie currencies. We are looking to add … Continue reading
JJG…SLV…Gold
Use a break even stop on the remainder of any of these positions. A close today in the S&P lower on the week 1334 is highly negative the commodity trade in general. Pay attention to the currency levels. Markets will … Continue reading
Risk On / Risk Off
The bots ( computers) are in control! Yesterday we missed the short side on the stocks. We’d like to put some out against yesterday’s high of 1352. Our current positions will be as follows: Short S&P 500/ Long 30 year Bonds futures, Long … Continue reading