Tag Archives: Oil
Crude
89.88 is the weekly # in the march crude for an outside reversal pattern to the downside.
A.M. Look 12/2/10
Core positions are presently long TBT,Aussie,Smh or Soxx index,YCS (short yen) and long JJG ( grain etf) Many of you have key long Gold and Silver holdings with a smattering of miners and selected oil stocks. Stay the course. It … Continue reading
A.M. Look 11/18/10
The currencies and oil held some big support yesterday. The stock indices trapped the shorts once again late in the day. Now What? Gold just challenged it’s break down level for starters with most markets looking good for now Don’t … Continue reading
A.M. Look 11/17/10
Some of you sold the (F) oil yesterday. Keep your stop where DR. Nenner suggests. Oil inventories are out today and Dec. Oil expires Friday. This generally increases volatility. This trade is a great example of Charles system at it’s finest. You have … Continue reading
Currency Traders, 11/16/10
83 oil will be pivotal for dollar follow through. A good break of this level will add to further weakness in the Euro and Aussie. This has been a good trade..take some more Euro and 1/2 the Aussie off the table. … Continue reading
Emerging markets…Oil patch et. al, 11/15/10
Long term investors should reduce their exposure in the emerging markets and long stocks in general, Oil patch included. Take of half of the Smh (Minimum) if the nasd looks to close under 2140 in the Dec. futures.
SDS VS Emerging Mkts, 11/15/10, 10:07am
We need some downside protection against our emerging market trades Crude is acting toppy and it would be wise to take some of your long oil stocks down to a 50% position Buy a 1/2 position in the SDS with … Continue reading