Tag Archives: tbt
A.M. Look 11/17/10
Some of you sold the (F) oil yesterday. Keep your stop where DR. Nenner suggests. Oil inventories are out today and Dec. Oil expires Friday. This generally increases volatility. This trade is a great example of Charles system at it’s finest. You have … Continue reading
A.M. Look 11/15/10, 8:11am
Current positions Short Euro / Long Gold Short Yen ( Long Usd/JPY) Short bonds ( long TBT) Long emerging markets This a.m. we’ll be paying attention to the Euro at 136 (short term tgt support) and the Gold closing stop of 1355. Remember we legged … Continue reading
Patern alert Goog, 11/12/10, 12noon
A close today under 611.20 and the party hats will be put away for a while. This will trigger fund profit taking across the board. Portfolio exposure should be reduced. Goog 611 is a closing # with ramifications across all asset … Continue reading
A.M. Look 11/11/10, 7:38am
Just a few observations: The spu’s are caught between 1197-1202 on the downside and need a close above 1224 to get anything going on the upside. Currencies…I do not envision any follow through dollar weakness until after the G20. Politics … Continue reading
Risk On Baby! 11/10/10, 2:05pm
On a close over 128.20 in the 30 year futures ( The pit closes at 2 CST) take off another 25% of the TBT… I have to leave the rest on just because!
TBT, 11/10/10, 1:23pm
Take profit on half the position.
Silver….TBT, 11/9/10, 2:33pm
We’ve seen this Margin movie before over the years. After the 1987 crash the CME margin requirements to protect the clearing members from lunatic runaway speculation left just a handful of guys left trading Spu in the pit..Those guys made a … Continue reading