Yesterday saw the shorts get trapped in the Oil patch, today it was the Miners and AAPL leading the charge from a very oversold condition. Food for thought: was yesterday’s low in AAPL ( 310.50) @ Dr. Nenner’s # of … Continue reading
That’s 2 days in a row that the computers are creating a huge flow contra the early show just as London closes ( the absolute lowest volume time of the day). We will be using a day session 1353 buy stop in … Continue reading
For day-traders it will be another opportunity filled day ( pick your poison and your level wisely). Yesterday we bought the 30 year bonds with a 6 tick stop which we thought at the time was the lowest risk side … Continue reading
Did I hear somebody say Flash Crash? Zero liquidity meltdowns driven by computer #1 ( we’ll name Randolf Duke) signaling computer #2 ( we’ll name Mortimer Duke) to sell! sell!!!! Sell Mortimer Sell!!!! This is the world we now live. I guess all … Continue reading
Once again the directional capital flow has ended with London’s session. Today as yesterday there was heavy Euro selling and buying of Gold early, only to see the Long side of the spread which is presently Gold, get kicked out … Continue reading
This A.M. let’s take a up a few lines critiquing our style. #1 JJG On 4/28/11 we were eyeballing the JJG for a trade. What we wrote: The JJG shows some support right here at 53.05 We’d like to get … Continue reading