Tag Archives: sso
A.M. Look 6/21/12
Spu’s…1341 then comes the trend line support and fibs @ the 1329-32.75 level drawn from the 1262 low. All new strength over 1358-62 is needed for more upside, Oil…the 78 handle in the oil as shown on the chart is … Continue reading
Position Update and Stop
We were stopped out of our remaining AUD/USD short. We have no position. SSO & TBT…we will use stops just below today’s low. 53.25 SSO 15.50 TBT Futures traders… price action below 1341 in the Spu Price action over 149.12 … Continue reading
SSO | Trade Alert!
We’re Buying 50% position in the SSO @ the market with a stop at today’s low.
SSO ProShares Ultra S&P500 Chart
ETF traders….48.90-49.00 is your key hold level. 49.75-93 is closing resistance. This chart looks exactly the same as the Futures.
SSO | Trade Status
We are stopped out of the SSO with our stop on a new low. I am doing very stupid things…
SSO | Trade Alert!
Oversold is oversold..we’re BUYING the SSO @ the market. We’re looking for a trade…not a long term buy and hold. The risk is today’s low, which is intermediate Fib support. AAPL…sustained price action back over 542 will help.
TLT…SSO…AAPL…IBM…MOO…X
The game is Long Equities/Short bonds…SPU/BONDS AAPL needs under 443.75 to break. Even then, we would not look for anything more than a 432 print. IBM & MOO… looking good. Tech and AG… X..U.S. Steel looks good for a trade … Continue reading
A.M. Look 11/17/11
I’m feeling like I’m in a bad B movie, and Boris Karloff has strapped me to the rack in his torture chamber. OIL…Needs all new strength over last nights high or under 101.50 for weakness. Gold…We’re standing pat for our … Continue reading
A.M. Look 11/16/11
EURO…135.50-80 on top…133.90-134.14 below( natural support) which is last years close matching Fib support ( half way back from the June 2010 low). Once closing under the yearly close, 132.50 seems the next area to test. This simply means to … Continue reading
A.M. Look 11/15/11
It’s not a good morning for the risk on crowd. We would have been much happier if we just sold the Euro as a hedge against our portfolio. Short Euro/Long Gold..has been working for a while. Short Euro/long anything seems … Continue reading