Monthly Archives: December 2010

Strong Finish for the New Year in all Commodities

I have not written an entry in a bit. Today is the last trading day of 2010. As I write this, Dow Cash is bumping

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I think the metals have topped out for now

Gold looks vulnerable to a pullback from current levels down to 1330 and possibly 1300. Silver looks vulnerable to a break to 25.60 and possibly

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Wheat has broken 40 cents or 2k a contract in the last 3 days

March wheat has sold off almost 40 cents cents in the last 3 trading sessions. If you check my entries, that was a trade

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It took 6 months, but we got our 11,470 Print Today

The Dow Cash finally gave me my 11,469 print today. Traded right up to 11,499.70. Right now its 12:08 Chicago Time. I can’t believe we

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Cover Crude Shorts from 90.

Today is Friday, Dec 10th, about 9:51 AM. Crude is down .53 at 87.74, Four days ago I wrote that I wanted to sell the

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1382 and 1370 in the Gold are good downside targets

Currently short gold at 1425. The high yesterday was 1432. I had a sell stop below 1425 yesterday to enter the market on a stop

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Gold Makes new high, then drops 20 bucks, Silver makes new high then breaks a dollar

If you have read my daily rec’s lately, you can see that I am a big fan of selling new historical highs. These give good

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Bernanke’s Sixty Minutes a Bear Trap

Fed Chairman Ben Bernanke spoke on Sixty minutes last night. In general, it was a non event. I believe many folks got short stock indexes,

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Unemployment Number is a Non-Event- But Watch our For Sunday Night’s 60-minutes show

The unemployment number, for much of the 1980’s 1990’s and up until about 2007, was often the most anticipated number. Very often the volatility that

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Dow Jones Cash, 5,000 point rally?

On March 6,2009 the Dow Jones posted a low at 6,469.95… Fast Forward to this November 5th, just 18 trading sessions ago when we traded

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