Tag Archives: PAAS
Recap…Big Picture
We lightened up or got out of most of our positions today. First they jammed a lot of people today during a very thin time of day after London’s close. Many weak market participants were run out of their long … Continue reading
Position Reminders…Stops
Some of you have already sold your REE, if not, be out by the close today. PAAS…We will be out of this long today with a close lower on the day. TBT….Another hedge that is going nowhere. This is about break even..best … Continue reading
Big week…Food for Thought
It was a big week last week. There are many lessons to hopefully be learned from how it all unfolded. Today, I want to focus on three things: 1- Stock indices and single stocks; 2- The Euro as an example … Continue reading
STOPS For Current Holdings
S&P,Russell,Midcap,Nasd…(whatever your chosen instruments) we are using stops over yesterdays futures highs on a closing basis to manage our shorts. TBT…same stop as yesterday 32.20 PAAS..Needs to hold right in here. Gold & Silver…The charts in both look vulnerable to … Continue reading
A.M. Look 6/10/11
Just a note..The June currency futures expire Monday @ 9:15 a.m. Central Time. Equity index futures ( S&P…NASD 100…Midcap 400…Russell) expire Thursday @ 3:15 p.m. Central. June Bonds and July Oil expire the following Tuesday 6/21. You have noticed that … Continue reading
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
PAAS QTRLY CHART
This is a big monthly (QTRLY) game playing out in Paas on a multi-year swing. A close over 30.66 is needed June 30 to keep the pattern alive by not putting in an outside reversal lower QTR. If this does … Continue reading
EURO…Metals…PAAS
I am looking at buying the Euro down in this area today. The Number you have to trade against ( use as a stop) is 145.50 Close. Along that same theme buying weakness in the metals is also on the … Continue reading