Sunday, September 12, 2010

9/12 9:45pm

Shorted Sep DJ futures 1% at 10,544.  Fits with cash DJI trendline coming in at 10,550.  Stop at 10,561.

Silver shorting point is Dec futures < 19.71 on hourly close or 19.65 stop.
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2 comments:

  1. AnonymousSeptember 12, 2010 at 9:09 PM

    Hi Steve! I don't trade futures (yet), so I'm hoping they hold this gift as a gap tomorrow morning. Unreal. As Todd H at Minyanville would say, so go the piggies so goes the poke. DeutcheBank last Friday should be seen as the proxy for what is going to happen.

    The banks should presumably be diluting like crazy given the supposed Basel agreement, and their minions are goinng to try and spook the market up on a gap? Comedy at its best.

    Josh

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  2. PeterSeptember 12, 2010 at 10:23 PM

    So the futures pop did occur up to over 10,540

    AUD/USD at 93.30.

    Looking forward to the run a way turn, hope it is not just a slow trudge downwards..

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