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
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