Tag Archives: SLW
A.M. Look 2/2/12
This market remains a stock pickers paradise. The dating process has found the partners remain somewhat fickle. Good on the first date, not so good the next… The stock rotation makes it tough, with most instruments being an Island unto … Continue reading
Position Update…General Comments
Many of you have lightened up your exposure. TLT…Longs were originally paid for by selling partial positions just over 120 on Monday. We’ll adjust the stop on the remainder in the A.M. MCP…You should have no position left. We originally … Continue reading
A.M. Look 2/1/12
General Execution Note… Most of you are at your screens for the first few minutes of trading everyday, regardless of your day job. When an instrument is up 5% just after the opening, and 10% in a couple of trading … Continue reading
TGT’s…MCP…SLW
This is a reminder to pay for your trades near the targets. “Sell some of your position off to pay for the trade” It’s always prudent to take some money @ or near tgt objectives. This exercise dramatically reduces your … Continue reading
A.M. Look 1/30/12
We’re still looking at a range bound technical picture in the U.S. Indices. Price action under 1300-02 SPU is needed for any downside to materialize. Given tomorrow is month end, we are likely to hang around these levels unless we … Continue reading
Resend…Qtrly levels
There are big natural resting stops below these #’s in the Indices…Keep them in front of you. There is a huge end game setting up for the end of the qtr. ( this months close). A close under 1249 in … Continue reading
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