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Author: Christian Robinson

WARNING SIGN FOR CRUDE OIL

Warning, A true fact.A gentleman came in to day to fix our copier machine here in the office. He took a look around the office and asked if we were trading anything. We said yes, in fact we were traders and risk managers. He...

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New Start after Unemployment Friday

Re:cap. I still want to build a long position here in the dollar. 75.50 is the fulcrum, to bail on this long position. I am looking for the dollar to catch a bid and rally up to the 80-81 level. This is a trade where we are...

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Double Top in the Dow at 12,400

Last week I wrote that it looked like a double top in Dow Cash as 12,400. Probably in a week or two, after the market breaks to 11,833, which will be 567 point, there will be an analyst on TV discussing “the mysteries of...

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Huge Target Hit in Crude at 103.70

Crude has been in a sweet uptrend for the last 2 years since bottoming out at 34 dollars a barrel in Jan of 09. I have written before that when Hillary and Maxine waters were squealing about “punishing” greedy oil...

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Volatility Rules

Corn shorts were covered. The last short position was covered, I then was fortunate enough to have a sell order at 99.98. That was a good scalp opportunity today.Grains had their usual 24 hour correction followed by a demand...

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Double Top in DOW CASH at 12390

Once the Dow got above 12,000, I thought we would grind higher up to around the next resistance at 12,733 which was the May 2008 high. In the last 5 weeks alone, Dow Cash rallied 1,465 pts from bottom to today’s and last...

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