Tag Archives: Silver

A.M. Look 10/20/11

Metals…Stops in the Gold should be resting @ app 1596… Silver could probe down to 29.85-90 or they both may have seen lows put in last night… Same game..new day… The Equities and the entire board will continue to be … Continue reading

A.M. Look 10/18/11

Today is shaping up to be a two way trade day. Trade your short term technicals. It’s a ” HE said She said” market” thanks to the our European friends. A note on protecting your profits… Yesterday saw us getting stopped … Continue reading

A.M. Look 10/11/11

Lemming Effect Trading….That’s exactly what we’ve been seeing for weeks. Everybody runs one way until they run off a cliff, then pick themselves up, dust themselves off and do it again. This Lemming is tired! The Metals “last night”, and … Continue reading

A.M. Look 10/6/11

Please re-read Monday’s and Wednesday’s A.M. look. The levels I write are static “they do not change” Keep them in Front of you! If you wear glasses, put a “post it” on your nose guard with the numbers on it. … Continue reading

Gold & Silver

This is usually when I give my monthly dissertation about Unemployment lows in the Metals. Typically the unemployment data has historically presented us with a good trad able low. These lows have provided us with great trade location and defined … Continue reading

Market Tone…AAPL

The other shoe is dropping.They hit the ATM in the metals complex, now comes the High flying tech stocks. This is where every investor and hedge Fund manager has sought solace during these uncertain times. As you recall, Friday I … Continue reading

A.M. Look 9/23/11

Silver is taking out the long term monthly stops, 32.25 ish is the next Fib Support. Then you should look for 29. Spu..There are some monthly moving avg lines coming in just over 1100 where we rallied from yesterday. Once through it’s … Continue reading

TBT…Metals

This is for all investors and Traders.. I am buying a 30% position in the TBT with an intra-day stop just below today’s low. Very long term investors who have been involved,Long the Metals ETF’s, should take your money ( … Continue reading

GOLD & SILVER

The high 1830’s in Gold and Silver 42 +- a few is the retrace levels in the metals to watch. This will be a price action trade.(PROS ONLY) If the metals hold these areas on a pullback off the # … Continue reading

EUR/CHF

Technical levels Support: 110.83…a level you would always expect a bounce from. big fib support 110.21. “109 ish” gone too far the first time down. 112.40 ish becomes 1st resistance. Two big items with this cross: it’s been keeping the … Continue reading