Tag Archives: S&P 500

A.M. Look 2/8/11

It will be a day traders kind of day. Price action below 1314 on the Spu P&F shows a little more weakness in the Index. Price action over 1320… the P&F’s show more strength. All the action is in the … Continue reading

A.M. Look 2/7/11

You need to let the morning set up a little more. The Euro is close to the bottom of a 100 point range and needs all new weakness below or above this range to start another move.     ( do not … 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

TBT….SDS

You should be 100% out of your TBT today. SDS… we will add ( buy)  another 25% piece on the close.

Silver,Gold,OIL,SPU,Aussie

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