Keep selling rallies in the S&P 500 Futures. We exited our last shorts around 1326. We just put a few back out this a.m. and will be selling the futures @ 1337-8 if they rebound again with a 1345 stop. We will … Continue reading
Current holdings are a 50% position in the JJG which was initiated May 12th against the 200 day moving avg. We have taken a piece of this trade off each of the past 2 days. Many of you long term investors still … Continue reading
You saw a nice reaction off the LEI’s ect. in the spread. The low in the bonds and the highs in the spu today are significant #’s. Price action in the S&P below 1334-5 and above 124.13 in the 30 … Continue reading
For any investors that still have shorts in the SPU we will be using a 1333 intra-day stop. If you’re still in the spread (SHORT S&P/LONG BONDS) this means you should sell out your Long 30 YR. side of the … Continue reading
Yesterday saw some good lows for now in the currencies,oil and the metals. This was the main reason we were pealing off positions in the SPU/Bonds and covering our Euro and Aussie shorts. The currencies were done more as a … Continue reading
We are presently stopped out of the Euro with a 20 tick loss and another 1/3 of our SPU/BOND spread (Really Nice Winner) on our trailing stop. We still have a 1/3 position left. We’re still short the Aussie, however … Continue reading
BUY another 1/3 of your short S&P in @ 1325 stop intra-day (If Filled) SELL another 1/3 of your long 30 Yr. Bonds at the market. This order is contingent on the S&P stop being elected first!!!! This will take … Continue reading
To all my Philistine followers (non-believers) today brings you this months episode of Full Moon Trading. We are Short Spu/Long 30 Yr. Bonds,Long Gold, Silver and JJG with shorts in the Euro and Aussie currencies. We are looking to add … Continue reading
In case anybody has not been at the screen watching the Bonds, we still have a Monthly and qtrly double top pattern in place just above our exit of long 30 years @ 125.06. While I feel good about the … Continue reading
Buy 30% of your spu shorts in at the market and sell 30% of your bond longs at the market. Adjust all remaining orders accordingly.