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Author: NULL

On the radar for 2/16…

Energies, aside from Unleaded are close to shorts (re-shorts,I guess). We’re in the April contracts now, which in the case of Crude is quite a bit higher than March. Sell CL 952.8.I’d likely still be IN the damn gold...

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Oil, bye for now

Crude oil short – I moved my stop in oil(1/2 avg true range) off the real time low to 35.86, and someone came up and nibbled it off, so I’m out of the position now.Decent enough gain (2.5), but oil has retreated back...

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While you were sleeping…2/11/09

Well, while I was sleeping, anyway, Silver and Gold were advancing. Indeed, advancing well past my entry points. That shouldn’t be a problem, that’s what stop-limit orders are for. My regular procedure is to enter...

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2/10/09

The CL short fired this morning. Currently the position is a little in the money. No other positions are open. I adjusted the Gold re-entry to the real 60 day high (930.something).I think it’s mostly I don’t feel...

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2/10/09 Out of sugar, cocoa

Stopped out of CC and SB at small losses.Grrrr….! No other entries have fired. This is okay with me, since I suffer from “recency:” whatever the last few trades have done is what the future will be.At the...

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2/9/09

After today’s turnaround on Cocoa, I’m inclined to view that position as an “up or out” situation. ie, it’s on a short leash. A little more up in sugar and likely I’ll add to that position....

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Stopped…

Stopped out of Gold (at a loss) and also got out of Silver (small gain). Irritating, since the positions were showing decent gains. I’m still in Cocoa and Sugar.One negative on Cocoa is that it was up sharply this morning...

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New Entries

I added a contract to the Cocoa (CC) position. Sugar entered long. CL entered short. Still in the Gold and Silver, with the former down today, the latter up. The received wisdom is that silver tends to lead. We’ll see if...

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