You should be 100% out of your TBT today. SDS… we will add ( buy) another 25% piece on the close.
The sector rotation and the game of hot potato continues in the equities & commodities with money seeking the days high flier Du-Jour and the equity indices not doing much. Some of you stayed with your SDS. Use the same … Continue reading
A few questions this A.M. about the SDS stop of 22.20. Yesterday we said to use it as a stop close meaning the Spu had to close over 1296. Leave the stop the same. The “Ag” names have been all … Continue reading
Place an order to take 50% of your Long Oil futures off at the 87.50-60 level. Use a break even stop on the remainder. This somewhat mitigates me being anxious yesterday and not using a stop close with the SDS. … Continue reading
Pick your dates wisely this A.M. Trading has become a scene from the match game. It’s all about picking the right door. ( The hot stock of the day) We got a little premature leading off in the Spu yesterday. … Continue reading
I am buying a 20% position in the SDS at the market using a 22.20 stop. Sell another 20% piece of REE @ the market. GE is holding up the entire market having elected multi qtr stops over 19.70. GOOG … Continue reading
Month end is 1 week from today. Lemming effect trading will be in full swing. Meaning the markets will get pushed directionally over certain trading time frames and then can have a very abrupt about face. 1179.70 spu, 2122 … Continue reading
Food for thought.. Sunday night brings us to another episode of Full Moon Trading. Once again a good part of the world gets out their Ouija boards and decides which way they want to place their bets. Simply put, it’s … Continue reading
The anticipation of the press conference is out of the way in Germany. Short term traders should take a decidedly you first approach to today. Present Holdings… short the 30 yr. Bonds ( long TBT) looking to sell any major rally, or … Continue reading
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