Tag Archives: tbt
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
TBT…Long Term Investors
We’re buying a 25% position in the TBT @ the market Let’s see if the equities can find some footing.
IBM… Pattern Alert…TBT
IBM just put in a double top on the daily charts @ 173.88. We need to see all new action over this level for upside follow through. A close today under 173 will have us exit this Long position. Sell IBM on … Continue reading
A.M. Look 9/20/11
Yesterday’s close had us tightening up our overall risk in our portfolio. Sometimes it’s just better to clean house and remain with what’s working the best. We trade to make money not to be right! I know everyone is chomping at the … Continue reading
TBT…30 Yr. Bond Futures…Stops
Long term investors should stay Long their remaining TBT with a stop below today’s low of 21.66. Why..The front month point & figure chart has a beautiful head & Shoulders pattern.. We will wait for this pattern to be violated before … Continue reading
A.M. Look 9/19/11
The equity market pattern has been Monday lows followed by rallies. We’ll see. IMM currency futures expire today at 9:15 CT.. Day traders should put the Aussie on your radar today for scalping opportunities. Keep all trailing stops active. Model Trading … Continue reading
30 Yr. Bond Futures…TBT
Presently we are within 10 ticks of where we originally paid for our Short Bond position. This means we sold part of our TBT longs right around this 23.25 level. End of day order…Day-Traders can lead off any way they like. Pay … Continue reading
A.M. Look 9/16/11
It’s going to be a long day and my interest lies with the end of day trade. “Where we close”. Yesterday saw us cut our “Risk On Book” by 50%. WHY? Caution, and as one of my friends always preaches..” … Continue reading
A.M. Look 9/15/11
We have a small Risk On Portfolio. Confirmation will be signaled by the Bunds ( German 10 Yr. Bond) closing the week below 136.56, and the 30 Yr. U.S. Bonds, which need to close below 139.07 DEC. The U.S. 30 yr … Continue reading
S&P 500 Shorts…IBM…30 Yr. Bonds
So much for that..Giving back 6 handles after having a couple of 80 point winners in the SPU isn’t the end of the world. We still have the single stock longs. Currently we are still in a small short position … Continue reading