DAILY COMMENTS – THE E.T.F.REPORT date Tuesday, November 23, 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/”$”) long 2268 – sell stop 2230
UDN ( THE INVERSE DOLLAR) short 2706 – buy stop 2759
FXB (ETF/ BRITISH POUND) short 15897 – buy stop 16179
FXC (ETF/C$) short 9732 – buy stop 9941
YCS long 1631 – s. stop 1594, also long Dec 16 C @0.90
TMV sold 4092 – buy stop 4595
FXY (ETF/JY) short 11960 – buy stop 12107
FXF (ETF/SF) short 9990 – buy stop 10320, long Dec. 97 put 0.45
DRR long 4377 – sell stop 4193
FXE (ETF/EURO) short 13618 – buy stop 13890
EUO long 1957 – sell stop 1898, also long Dec 20 C @ 80
CYB (ETF/CHINESE YUAN) sold 2544 – buy stop 2562
FXS short 14511 – buy stop 14755
TBF long 4286 – sell stop 4321, also long Dec 45 C .40
TBT (ETF/BOND YIELD) long 3507 – sell stop 3543, also we are long Dec. 37 calls 1.40
FAZ (ETF/THE FINANCIAL INDEX) bot 1212 – sell stop 1049
SKF long 1848 – sell stop 1669 – sell stop 1664. long Dec. 18 C 1.06
QQQQ (ETF/QQQ INDEX) short 5290 – buy stop 5320
PSQ (ETF/THE INVERSE QQQ) long 3592 – sell stop 3568, also long Dec 36 C @ 1.05
QID (ULTRA INVERSE QQQ) long 1230 – sell stop 1234, long Dec 12 C 1.03
DIA (ETF/DOW JONES INDEX) short 11210 – buy stop 11428
DOG (ETF/INVERSE DIA) long 4684 – sell stop 4533. long Dec 46 C 1.00 , buy Dec. 47 C .85
DXD (ETF/ULTRA INVERSE DIA) long 2273 – sell stop 2169, long dec 22 C 1.15
SPY (ETF/THE S&P) short 11929 buy stop 12209
*TWM long 1546 – sell stop 1449
SH (ETF/SPY) long 4663 – sell stop 4541, also long Dec 46 C 1.15
SJH long 1694 – sell stop 1559
SDS (ETF/ULTRA SPY) long 2690 – sell stop 2553, long Dec 27 C .79
RWM long 3561 – sell stop 3450
SQQQ (AN ULTRA INVERSE ETF) long 3488 – sell stop 3421
GLD (ETF/GOLD) sold 13148 – buy stop 13843 JJU short 3188 – buy stop 3360
SLV sell stop 2649
AGQ sold 11805 – buy stop 14076
NIB (COCOA) buy stop 4110
MOO short 5019- buy stop 5140
*JJC (COPPER) sold 5023 – buy stop 5358
COW (ETF/ LIVESTOCK) bot 2970 – sell stop 2847
RJA (ETF/ wheat) short 9.59 – buy stop 10.32
CORN (the C.E.F.) short 3506 – buy stop 3824
EWS short 1380 – buy stop 1439
JJG (ETF/beans) short 4749 – buy stop 5123
DBA (ETF /AGRICULTURE) short 2893 – buy stop 3070
***RYURX long 3209 – sell stop 3172***ALERT, THIS IS IT!
ERX short 4486 buy stop 4795
UNG (ETF/NAT. GAS) stopped out
CUT short 2023 – buy stop 2101
COTTON (BAL) short 6591 – buy stop 7233
USO (ETF/crude oil) short 3507 – buy stop 3762
COFFEE (JO) sold 5581 – buy stop 5848
SGG (sugar) short 8154 – buy stop 9235
****we’ve had “flash crash”, “Mash crash”, this is the “slide crash”****
We have openings for a few – call for info
* means “hot trade”, market may have turned
Lawrence Sarsoun
Author of “America’s Monetary Mess”
321-259-4729
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