Tag Archives: sds
Equity Indices
The indices seem to have bottomed for now. So the first step is to manage our shorts ( long ETF’s like SDS). We’ll await further price action tomorrow before we close out these positions. We’d like to see confirmation 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
A.M. Look 6/8/11
The Nasd will have a total breakdown with a Futures close below 2266. AAPL… 322- 324.80 will be another good market tell. This represents the last of the monthly support and the 200 day mvg avg. Only sustained price action … Continue reading
A.M. Look 6/7/11
We had a swing and a miss in the Corn yesterday. At least it was over fast! Our plan is to keep selling the rallies in the equities. Currency traders should be very wary of selling any kind of weakness … Continue reading
S&P 500
We’ve been ostensibly out of all major long equity positions since May 1. We have caught pieces of both swings down in the stocks indices as well as some nice long side rides Mid- April into the first of May. … Continue reading
A.M. Look 4/14/11
More one way bets are being taken off. I would look for at least another figure in EUR/JPY, 118.50 level seems the first good sticking point. We still want to put the cross on around 117 ( long Euro/Short Yen) … Continue reading
SDS…TBT
We will buy the SDS today on a 21.45 “stop close only” This would put in an outside reversal day to the upside and signal more equity index weakness. Use this as a hedge against any existing longs or just … Continue reading
SPU…SDS
Time to close out these shorts. You can wait for the close to see if the nasd closes over 2310 or just avoid the pain and take your money.
Spu/Bonds…Full Moon Trading
11207 is a 50% re trace of the past 4 years also matching a fib from the 1987 crash. Needless to say I think it’s a significant zone. We are looking to sell the SPU @ 1349 (H) ( Buy the … Continue reading
SDS
Every once in a while we go into denial as a trader! My time is up! Next time send me an e-mail to remind me to listen to myself. Close this position out. The dummy swing count can take the … Continue reading