DAILY COMMENTS – THE E.T.F.REPORT     date Friday, December 31, 2010
               * “hot trade”, Market may have turned.*                             
                  ****Remember Charles Martel****

Many items are slowly fleeing any connection to the U.S. currency.
Currencies, interest rates, commodities right now are trying to quietly sneak away. But we believe they will soon GALLOP AWAY!!

*US$  UUP  (ETF/”$”)  long 2338 – sell stop 2286 

UDN ( THE INVERSE DOLLAR)  buy stop 2689

FXA bot Mch 103C 1.70 

FXB (ETF/ BRITISH POUND) short 15438 – buy stop 15577 

FXC (ETF/C$) long 9944  sell stop 9753

TMV sold 4584 – buy stop 4952   

FXY  long 12057 – sell stop 11723

YCS short 1658 – buy stop 1688

FXF (ETF/SF) long 10141  sell stop 10210,  long Jan 101 C 1.50 – sell stop 3.20 

FXE (Euro) short 13044 – buy stop 13278

DRR long 4790 – sell stop 4555 

EUO  long 2127 – sell stop 2031  long Feb 21 C 1.00 

CYB (ETF/CHINESE YUAN) stopped out – buy stop 2540          

FXS long 14535, sell stop 14436           

TBF stopped out – sell stop 4441,  

TBT (ETF/BOND YIELD) stopped out – sell stop 3769

FAZ (ETF/THE FINANCIAL INDEX) short 1102 – buy stop. 9.75 

SKF short 1748, buy stop 1594.                              

QQQQ (ETF/QQQ INDEX) Short 5441 – buy stop 5492  

PSQ (ETF/THE INVERSE QQQ) long 3475 – sell stop 3439.     

QID (ULTRA INVERSE QQQ) long 1169 – sell stop 1145 –  long Feb 13 C .27

DIA (ETF/DOW JONES INDEX) sell stop 11520 

DOG (ETF/INVERSE DIA) buy stop 4460.  

DXD (ETF/ULTRA INVERSE DIA) buy stop 2097 

SPY (ETF/THE S&P)  sell stop 12525         

TWM buy stop 1253 

SH (ETF/SPY) buy stop 4416, 

SJH buy stop 1386  

SDS (ETF/ULTRA SPY) buy stop 2422, 

RWM buy stop 3212 

SQQQ (AN ULTRA INVERSE ETF) long 3146 – sell stop 3047,  long Jan. 35 C 2.00            

GLD (ETF/GLD  short 13426 – buy stop 13843               

JJU long 3193 -sell stop 3060

*SLV bot 3000 – sell stop 2772                                            

SKK buy stop 9.58 

AGQ  bot 15687 – sell stop 13447                 

NIB (COCOA)  long 3988 – sell stop 4262 

MOO long 5067 – sell stop 5119                     

JJC (COPPER) long 5317 – sell stop 5637 

COW (ETF/ LIVESTOCK)  long 2985 sell stop 2950  long Jan. 30 C .95                            

RJA (ETF/ wheat)  long 1004 – sell stop 10.46 

CORN (the C.E.F.)  long 3601 – sell stop 3786               

JJG (ETF/beans)  long 4865 – sell stop 5111  

DBA (ETF /AGRICULTURE) long 3010 – sell stop 3165 

RYURX  buy stop 3060  GETTING CLOSE!!                                     

ERX long 4937 – sell stop 5541 

UNG (ETF/NAT. GAS) short 5.73 – buy stop 5.93  Long Jan. 6.00 Call .50  

CUT sell stop 2048

COTTON (BAL) short 7316 – buy stop 8353                             

USO (ETF/crude oil) stopped out – sell stop 3811 

COFFEE (JO)  long 5737 – sell stop 5934 

SGG (sugar) offset +$841 – sell stop 8898 

EWS bot 1375 – sell stop 1321 long Jan 14 C .35 & .10         

   ****we’ve had “flash crash”, “Mash crash”, now it’s here, the “limit down crash”****

We have openings for a few – call for info   

* means “hot trade”, market may have turned

Lawrence Sarsoun, former floor trader on Chicago’s Intl. Monetary Market, is available to trade your account. Call for free info. 

Author of “America’s Monetary Mess”

321-259-4729