Browsing All Posts filed under »Trade Ideas«

I think (it’s August and it’s hot)….

August 3, 2011

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……therefore I am (inclined to use my air conditioning). I’ve never been confused with Descartes, but some trades are fairly straight forward even if you have no philosophical inclinations. One of two ideas – depending on how long you care to be positioned in the Natural Gas market. On the heels of this week’s inventory numbers, […]

We’ve found a loser!

August 3, 2011

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Ummmmm. 1250 didn’t hold, neither did 1240. The Swiss are intervening in the Currency markets. Gold is exploding higher again. Domestic economic data points toward slowing/negative growth. All winning streaks must come to an end, just ask the 1995-1996 Chicago Bulls. STOPPED OUT on the Long S&Ps from 1248 (5 point stop = 1243). The […]

I went down to the Crossroads……

August 3, 2011

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…….fell down on my knees (or right to critical support @ 1250) I went down to the crossroads, fell down on my knees. Asked the Lord above for mercy, Save me if you please……….. And I’m standin at the Crossroads, believe I’m sinkin down. I wish I had more time to articulate why I firmly […]

Uh oh Chicken Little…..(trade ideas)

August 1, 2011

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Congressional Budget Office, ISM (manufacturing) numbers, short term financing markets, European close……oh my! http://www.bloomberg.com/news/2011-08-01/u-s-ism-manufacturing-index-fell-to-50-9-in-july-from-55-3.html BE VERY CAREFUL! Aggressive, very short term types could play the S&Ps from the long side with a tight stop in an attempt to get a bump from the DC rumor mill. Get LONG 1275 on the Sept. S&P futures with […]

Hello Darkness My Old Friend……

July 29, 2011

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I’ve come to talk with you again Because a vision softly creeping Left its seeds while I was sleeping And the vision that was planted in my brain Still remains Within the sound of silence -Paul Simon What you’re hearing is the whoosing sound of an economy headed back into recession (which many people could […]

All that glitters……

July 28, 2011

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…..is not Gold, so why not trade Silver? I mentioned in the first SI recommendation (selling the 43.50 calls) my preference for Silver options (SI) as opposed to Gold (GC) because it’s inherently a more volatile product. Volatility is NOT a four letter word in my experience, nor is it something that ought to be […]

$_it’s getting real!

July 27, 2011

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While the Treasury (Bond) market is still telling us Congress is going to get a deal done on the debt ceiling (read: kick the can further down the road) the equities and other risk markets are moving lower this morning. Last week’s Crude idea is working well on the heels of the Weds. inventory data (http://www.bloomberg.com/news/2011-07-27/oil-falls-in-new-york-after-u-s-supplies-climb-durable-goods-orders-drop.html) . […]