Tag Archives: tbt

A.M. Look 11/15/11

Posted on 11/15/2011

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 →

A.M. Look 11/14/11

Posted on 11/14/2011

AAPL… Many of you indicated that you ( led off on the buy level) and took a small Long position, even though it did not fill us at our preferred level, therefore we’ll write as though we’re Long for those … Continue reading →

A.M. Look 11/11/11

Posted on 11/11/2011

The whole board is an area specific Lemming Effect scalp. We’ve retested the major hold levels in the Equity indices once again yesterday as well as failing to remain above the 200 day in the S&P 500 Futures Tuesday into … Continue reading →

A.M. Look 11/10/11

Posted on 11/10/2011

Gold….We’re going to give this a full 20 dollars since we’re looking to make almost 400. I like that risk reward. The stop is under 1747 close in the futures….. app 169.85 in the GLD ETF. Silver…last night’s low needs … Continue reading →

A.M. Look 11/9/11

Posted on 11/09/2011

The Boom Boom man’s exit (Berlusconi) is certainly unsettling the markets. If this were the 70’s I’d be looking for the scotch tape to paste another sheet of graph paper to the bottom of my Italian 10 yr. Bond chart. … Continue reading →

A.M. Look 11/8/11

Posted on 11/08/2011

The even $100 dollar levels in the Gold seem to be sticking areas. 1800 should provide some natural resistance. Given the opportunity, we’ll look to buy a 30-40 dollar break later in the week. General timing comment…we’ve been seeing 2 … Continue reading →

A.M. Look 11/7/11

Posted on 11/07/2011

There is not much to do with the Equities and Bonds. They are range bound, being held hostage to Europe’s woes and inaction. Sustained price action over last night and Friday’s high in the S&P will be needed for some … Continue reading →

A.M. Look 11/4/11

Posted on 11/04/2011

It’s almost over,my eyes are getting tired at the end of another hectic week. Day Traders… The oil just traded up to the 200 day mvg avg.,just shy of $95/bbl. Watch for market tone, this is a Risk On indicator. … Continue reading →

A.M. Look 11/2/10

Posted on 11/02/2011

We used Equity market weakness and Bond strength yesterday to get back into a Risk On bias. I know many of you were looking to buy Gold, and did so in the 1680’s. For those of you playing this instrument, … Continue reading →

Risk On Bias

Posted on 11/01/2011

Long Aussie, Long Equities/Short Bonds are essentially all the same trade. So yes! You always pay for your stops. You sell a little out to play with house money once a trade starts going in your favor. The level in … Continue reading →