The metals are failing. Dr. Nenner’s high could be coming early. A close below the following levels today should have you out of any remaining residual longs. Those who kept that last 30% to see if we’d go back to … Continue reading
I do not see much to do this a.m. Let the day unfold. The Silver needs price action over last night’s high to show new strength while Gold keeps rejecting 1378. The March Soybeans are back to the 1350-60 level. … Continue reading
Our bets have been placed. Hopefully, you longer term investors took down most of your “risk on” exposure. The stops have all been paid for across all asset classes that we are involved in. Leave all your closing stops working … Continue reading
I like the lows we just put in across the board. These are possible capitulation lows for the longs in these instruments for the day session. All contra-trend day trading should be managed against the current lows. Those looking for … Continue reading
Long term investors should consider locking in some of their gains in the Financial ETF’s as well as BAC by 30%. I like this sector long term, but we’ve come a long way and some retrenchment is likely. REE…use a … Continue reading
Silver…30.65-69 is the level for the radar screens this a.m. This represents the last high earlier in the month. I fully expect to see the metals remain strong going into the year end close. Euro..We tried to be long yesterday … Continue reading
Dr. Nenner has been looking for a possible short term high for the next couple of weeks tomorrow. There is a good chance you’ve seen it with the Silver reaching it’s upside tgt. This is why we have been telling … Continue reading
Pretty much all the technicians have similar same level in the equities and the metals. Since this is the first time up to the tgt. in the Silver it’s time to ring the register. Each investor needs to assess his … Continue reading