Monthly Archives: October 2010

10,700 downside target for Dow

We couldn’t take out the April high at 10218. We got to 11,195 Monday. I think that 10,710 is a reasonable downside target, after a

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10 month low Spike Down in Dollar last Friay

Last Friday’s spike down in the US dollar at 75.85 opens the door for a run down, eventually, to our November 2009 2 year low

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Market’s take a valium–Dow is at 6-month high…

The past 2 sessions, we have seen the markets take a decided breather. Yesterday and today, across the board, it seems that the world is

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Volatility is God’s way of saying you don’t know Nothin’

The volatility continues to chop and slice and dice like a Ginsu knife. Follow through is fleeting in a market where computer’s are running counter-intuitive

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Digestion Trade on the Horizon

The outside markets were lower today in the wake of 1) the Chinese ¼ pt rate hike in their interest rates in an attempt

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China Raises Rates Overnight Adios to 1500 dollar Gold

China raised its interest rate .25% overnight. Grains should be under pressure early, however, I am cynical enough to think this is a strategy on

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Friday Morning From the Floor of the CME Group


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New high in the Gold, Just $125 from the Magical $1,500 dollar an oz level

We rallied 1.34 in corn in 6 sessions, complete with a 25 cent gap on the daily charts in CZ from 528 3/4 to 554

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So Much for a downside Correction in Grains

Interesting that the USDA lowered the yield from an expected 160, not to 158, but to 155 bushels an acre. Acres planted increased 300K, but

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Thursday Oct 7, 745AM


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