DAILY COMMENTS – THE E.T.F.REPORT date Wednesday, December 1, 2010
* “hot trade”, Market may have turned.**
****The crash has begun!****
****Remember Charles Martel****
(NOTE, E.T.F. STANDS FOR EXCHANGE TRADED FUND)
US$ UUP (ETF/”$”) long 2268 – sell stop 2275. long Jan. 23 C .52
UDN ( THE INVERSE DOLLAR) short 2706 – buy stop 2710
FXB (ETF/ BRITISH POUND) short 15897 – buy stop 16011
FXC (ETF/C$) short 9732 – buy stop 9898
YCS long 1631 – s. stop 1634, also long Dec 16 C @0.90
TMV short 4092 – buy stop 4519
FXY (ETF/JY) short 11960 – buy stop 11992
FXF (ETF/SF) short 9990 – buy stop 10227, long Dec. 97 put 0.45
DRR long 4377 – sell stop 4350
FXE (ETF/EURO) short 13618 – buy stop 13486
EUO long 1957 – sell stop 1997, also long Dec 20 C @ 80, take profit at 1.70
CYB (ETF/CHINESE YUAN) short 2544 – buy stop 2551
FXS short 14511 – buy stop 14468
TBF short 4323 – buy stop 4484
TBT (ETF/BOND YIELD) short 3586 – buy stop 3772
FAZ (ETF/THE FINANCIAL INDEX) long 1212 – sell stop 1126
SKF long 1848 – sell stop 1737. long Dec. 18 C 1.06
QQQQ (ETF/QQQ INDEX) sell stop 5099
PSQ (ETF/THE INVERSE QQQ) buy stop 3698. long Dec 36 C @ 1.05
QID (ULTRA INVERSE QQQ) buy stop 1325. long Dec 12 C 1.03. Buy Jan. 13 C .56-.59
DIA (ETF/DOW JONES INDEX) short 11210 -buy stop 11344
DOG (ETF/INVERSE DIA) long 4684 – sell stop 4553. long Dec 46 C 1.00 , long Dec. 47 C .80
DXD (ETF/ULTRA INVERSE DIA) long 2273 – sell stop 2188, long dec 22 C 1.15
SPY (ETF/THE S&P) short 11929 buy stop 12206
TWM buy stop 1585
SH (ETF/SPY) long 4663 – sell stop 4559, also long Dec 46 C 1.15
SJH long 1694 – sell stop 1574
SDS (ETF/ULTRA SPY) long 2690 – sell stop 2569, long Dec 27 C .79
RWM buy stop 3611
SQQQ (AN ULTRA INVERSE ETF) longJan. 35 C 2.00
GLD (ETF/GOLD) short 13148 – buy stop 13760 JJU short 3188 – buy stop 3287
SLV stopped out – buy stop 2773
AGQ stopped out – buy stop 13578
NIB (COCOA) long 3988 – sell stop 3911
MOO short 5019- buy stop 5039
JJC (COPPER) short 5023 – buy stop 5314
COW (ETF/ LIVESTOCK) long 2970 – sell stop 2907. long Jan. 30 C .95
RJA (ETF/ wheat) short 9.59 – buy stop 5.94
CORN (the C.E.F.) short 3506 – buy stop 3573
JJG (ETF/beans) short 4749 – buy stop 4870
DBA (ETF /AGRICULTURE) short 2893 – buy stop 3005
RYURX long 3209 – sell stop 3196
ERX short 4486 buy stop 4737
UNG (ETF/NAT. GAS) long 6.11 – sell stop 5.47. Long Jan. 6.00 Call .50
CUT short 2023 – buy stop 2066
COTTON (BAL) short 6591 – buy stop 6366
USO (ETF/crude oil) short 3507 – buy stop 3685
COFFEE (JO) short 5581 – buy stop 5750
SGG (sugar) short 8154 – buy stop 8784
EWS short 1380, b. stop 1410. long Dec. 15 C .20
****we’ve had “flash crash”, “Mash crash”, this is the “slide crash”****
We have openings for a few – call for info We don’t make money til you make money, AND
WE’RE MAKING MONEY!
* means “hot trade”, market may have turned
Lawrence Sarsoun
Author of “America’s Monetary Mess”
321-259-4729
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