DAILY COMMENTS – THE E.T.F. REPORT Date Wednesday, November 17, 2010
* “hot trade”, Market may have turned.**
****The crash has begun!****
****Remember Charles Martel****
US$ UUP (ETF/”$”) long 2268 – sell stop 2203
UDN ( THE INVERSE DOLLAR) sold 2706 – buy stop 2790
FXB (ETF/ BRITISH POUND) stopped out
FXC (ETF/C$) stopped out
YCS long 1631 – s. stop 1560, also bot Dec 16 C @0.90
TMV long 3833 – sell 4050
FXY (ETF/JY) sold 11960 – buy stop 12263
FXF (ETF/SF) long 10304 – sell stop 10026
DRR long 4377 – sell stop 4065
FXE (ETF/EURO) short 13618 – buy stop 14074
EUO long 1957 – sell stop 1834, also long Dec 20 C @80
CYB (ETF/CHINESE YUAN) sell stop 2531
FXS short 14511 – buy stop 15100
TBF long 4286 – sell stop 4225, also bot Dec 45 C .80
TBT (ETF/BOND YIELD) long 3507 – sell stop 3521, also we are long Dec. 37 calls 1.40
FAZ (ETF/THE FINANCIAL INDEX) stopped out
SKF buy stop 1890
QQQQ (ETF/QQQ INDEX) short 5290 – buy stop 5386
PSQ (ETF/THE INVERSE QQQ) long 3592 – sell stop 3529, also long Dec 36 C @ 1.05
QID (ULTRA INVERSE QQQ) long 1250 – sell stop 1207, long Dec 12 C 1.03
DIA (ETF/DOW JONES INDEX)short 11210 – buy stop 11463
DOG (ETF/INVERSE DIA) buy stop 4618. long Dec 46 C 1.10
DXD (ETF/ULTRA INVERSE DIA) bot 2273 – sell stop 2155, bot dec 22 C 1.15
SPY (ETF/THE S&P) sold 11929 buy stop 12295
*TWM bot 1546 – sell stop 1437
SH (ETF/SPY) bot 4663 – sell stop 4525, also bot Dec 46 C
SJH bot 1694 – sell stop 1545
SDS (ETF/ULTRA SPY) bot 2690 – sell stop 2535 & bot Dec 15 C .85
RWM bot 3561 – sell stop 3436
SQQQ (AN ULTRA INVERSE ETF) long 3488 – sell stop 3309
GLD (ETF/GOLD) stopped out
JJU sold 3188 – buy stop 3376
SLV sell stop 2443
AGQ sell stop 10660
NIB (COCOA) short 3991 – buy stop 4066
MOO sold 5019- buy stop 5273
*JJC (COPPER) stopped out
COW (ETF/ LIVESTOCK) short 2944 buy stop 2907
RJA (ETF/ wheat) sold 9.59 – buy stop 10.59
CORN (the C.E.F.) sold 3506 – buy stop 3953
EWS sell stop 1351
JJG (ETF/beans) sold 4749 – buy stop 5275
DBA (ETF /AGRICULTURE) sold 2893 – buy stop 3140
***RYURX long 3209 – sell stop 3146***ALERT, THIS IS IT!
ERX offset +$364!
UNG (ETF/NAT. GAS) sell stop 5.44
CUT sold 2023 – buy stop 2123
COTTON (BAL) sold 6561 – buy stop 7635
USO (ETF/crude oil) stopped out
COFFEE (JO) stopped out
BAL sell stop 6591
SGG (sugar) short 8154 – buy stop 9550
****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
* means “hot trade”, market may have turned
Lawrence Sarsoun
Author of “America’s Monetary Mess”
321-259-4729