Tag Archives: sso

Current Positions and Stops

We’re long TBT,SSO & AUD/USD. We’ve legged the spread via ETF’s…. LONG S&P 500 Futures/ Short 30 Yr. Bonds.. We are using intra day stops on new lows for today in these ETF’s. Tomorrow these will turn into GTC’s…Good Till … Continue reading

SSO…Risk On

We are buying a 25% position in the SSO @ the market. This is a Risk on scenario=Long S&P 500 Futures

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

December Crude…AAPL

Crude just printed resistance. Yesterday the crude low was important to putting in a market low in the stocks. Pay attention to Crude…watch for general market tone… We are long SSO and OXY.. I am looking for 89-90 on this … Continue reading

OXY…SSO

We’re going to buy OXY at the market with an intra-day stop of 84.60. I like the energy sector.. We’ll also try a long in SSO with an intra-day stop of 43.90 Futures traders…that’s a new low in the SPU. … Continue reading

Utilization…Execution…Style

Every so often I will write something like this to give you my big picture thinking, think of me as your quarterback. I want to talk about one of out Private Wealth Clients, who is someone we can all learn … Continue reading

S&P 500 Futures…SSO

I was looking for that last final squeeze up over 1198 futures. So far no cigar. If you have not already taken your profits, I recommend doing so within the next 30 minutes.

S&P 500 Futures…SSO…AUD/USD

Any price action over 1197.75 today will be used to liquidate the rest of our longs. That’s right, although we may rally a further 20 points I am taking the money! 105.05-25 Aussie should prove troublesome the first time up as … Continue reading

A.M. Look 8/15/11

I have no great insight this a.m. I am just going to watch and let the day develop. Later in the London session we might get a hint as to witch way traders are willing to place bets going into tomorrows Sarkozy-Merkel … Continue reading

S&P 500

Sell another 25% @ the market. We know the 1186 level is big. I thought after last nights attempt lower that we would try to rally to the unchanged level on the week of 1197. We could still see that … Continue reading