Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius


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Wednesday, September 30, 2009

crude getting nearer

Crude getting closer to the short trigger...as per

Above that STOP sign says something else is going on!

Friday, September 25, 2009

cable....key level broken

looks like a classic head and shoulders pattern...target 1.52..

And the chart from June..looks like we are entering wave 5 down..so even further downside possible...test the lows? 1.35?

Thursday, September 24, 2009

Shorts..even at the end of summer!

Looks like several things are topping out (or bottoming - depending on which way you look at it!!!!)

to name a few, cable (looks like it has formed a top), oil, see chart (top), dollar (bottom), euro (still forming top)..

euro strength looks to be the default trade...ie where do we go to?? Pound, dollar, yen???

short on strength ...see dax post earlier..


Here's the dow with comments from different political and industrial leaders basically pronouncing that the recession is "dead" and the recovery is "well on the way"...

to be revisited in 6 months see where we are???

dax hourly..short idea

short here or on a bounce..stop above the highs..5745..target 5365 from wedge breakdown

Thursday, September 17, 2009

Silver due a correction..if not more?

looks ike we tagged the upper line of the trend channel...good short , stop close by...at best head to lower trend channel line...OR maybe even further... A break above that uppe rline on good volume says get out of short!

Gold latest

Wednesday, September 16, 2009

intel weekly and daily...

Looks a low risk short on rally to 20.3....200 week MA... significant move above there and looks to be back in the range 19-25, BUT until then ....

Tuesday, September 15, 2009

eur usd..again..

EUR USd looks like nearing significant resistance..maybe one "overthrow" of the BLUE line...

if it trades significantly above that then something else is going on..and the picture for the euro remains bulish

Tuesday, September 8, 2009

euro dollar monthly...time to sell euro???

Looks toppy here..and a classic retest of a break of trend line...low risk high reward..remember MONTHLY chart so long term stuff....

Thursday, September 3, 2009

gbp jpy 8 hr

nearing support...a break above 151.5 and further rally to correct the decline since 163

Wednesday, September 2, 2009

L O N G hot summer... GOLD ready to break out???

Looks like GOLD is poised to "make a decision".. it has been in a triangle since FEB 09, today looks to be breaking out to the upside, watch the HIGHS, if it can clear those may be a good run.to the upside...

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