Sunday, October 10, 2010

10/8 7:00pm

Covered SP futures at 6:00 when 30-minute close exceeded 1161.50.  Covered at 1162 per Weekly.
Sold DX futures at 77.255 on the open.  Placed order to buy at 76.76 per Weekly.
I am still short crude futures Nov currently at 83.15.  83.20 was not exceed except for the opening minute.  Placing order to cover at 83.26.
I currently hold 10% SDS, 4% SCO, 5% UUP along with the crude short.

4 comments:

  1. steve..it is the same trade...that long DX is same as short ES...
    keep it simple///
    lets see how I1 works out this time around

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  2. did you say silver is on a sell or does its new high reverse that?

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  3. Silver has a technical composite of -16. It's close-your-eyes signal level is -17. Today's action should bring it there. I'll post the composite history tomorrow.

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  4. DX includes Asia, with Japan, Korea, and China already defending. Others will follow. Europe is not defending the Euro (yet).
    Defending meaning buying dollars to keep their currencies from rising.

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