Tag Archives: Junior Miners
Trailing Stops…S&P 500 Futures,SDS,GDXJ
As long as the Spu’s close lower on the week we will stay with our remaining small core short. ( Below 1171..SPU). SDS…here again you should be out of 70% of your Longs. Stay with the remaining piece based off … 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
GDXJ…Junior Miners
We’re long this instrument. It put in a daily double top yesterday just above the 200 Day Mvg Avg of 37.50. Take profit on 50 % of your position. Raise your trailing stop to 35.20 on the rest.
Trailing Stops
As they say ” We’ve come a long way BABY!” in a very fast move. Investors should be out of the bulk of their long AAPL & Miners. If you wish to keep a small token 25% stake with a … Continue reading
GDXJ…Pattern Alert
Classic charting 101!!!! This is the 3rd gap higher…if you’re involved with the miners…BOOK SOME MONEY!!!!!!!!!!!
Metals…Miners
Per yesterday’s A.M. Look.. We will be increasing our long metals exposure with a close over 1552 August gold. “This is a live order”…. We will do this via the ETF’s GLD & SLV.. The Miners should also be on … Continue reading
Risk OFF?
$111.10 Crude is the closing level to watch. A close below this level and we’ll liquidate the rest of our long DIG position. That goes for OXY as well. Silver..46.355 would not be an unexpected print today. A close below … Continue reading
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