DAILY REPORT – THE E.T.F.REPORT date Thurs., Sept. 2
****Remember Charles Martel****
The rally yesterday was, in our mind, a short covering rally in a bear market. Most of our short index or inverse position
were stopped out with a small profit or loss. We will be looking for opportunities to get short again.
(NOTE, E.T.F. STANDS FOR EXCHANGE TRADED FUND)
US$ long UUP (the ETF for the “$”) at 2400 -sell 2391 stop. In futures, sell 8198 stop
UDN ( THE INVERSE DOLLAR) bot 2591 – sell stop 2560
BP (THE BRITISH POUND) short 15575 -buy stop 15510
FXB (ETF FOR THE BRITISH POUND) short 15573 – buy stop 15484
C$ (CANADIAN DOLLAR) short 9496 – buy stop 9590
FXC (ETF FOR THE C$) short 9496 – buy stop 9476
JY (JAPANESE YEN) sell 11639 stop YCS bot 1749 -sell stop 1682
FXY (ETF FOR THE JY) short 11622 – buy stop 11810
SF (THE SWISS FRANC) long 9693 – sell stop 9647
FXF (ETF FOR THE SF) long 9693 – sell stop 9495, also long Sep 97 calls .80 – sell 1.60 ob
EU (THE EURO) short 12775 – stopped out small loss DRR stopped out
FXE (ETF FOR THE EURO) short 12910 -buy stop 12811 EUO stopped out
CYB (ETF FOR THE CHINESE YUAN) short 2484 – buy stop 2499
FXS stopped out TBF long 4040 – sell stop 3926
BONDS short 13429 buy stop 13619 . TBT (ETF FOR THE BOND YIELD) bot 3123 – sell stop 2977
FAZ (ETF FOR THE FINANCIAL INDEX) stopped out SKF stopped out
QQQQ (AN ETF FOR THE QQQ INDEX) stopped out
PSQ (ETF FOR THE INVERSE QQQ) stopped out, still long Sep 43 call 1.45
QID (ETF FOR THE ULTRA INVERSE QQQ) stopped out
DIA (ETF FOR THE DOW JONES INDEX) stopped out with a small profit
DOG (ETF FOR THE INVERSE DIA) ” ” ” ” ” ”
DXD (ETF FOR THE ULTRA INVERSE DIA) ” ” ” ” ” “
SPY (ETF FOR THE S&P) ” ” ” ” ” “
SH (ETF FOR THE SPY) ” ” ” ” ” ” SJH stopped out
SDS (ETF FOR THE ULTRA SPY) ” ” ” ” ” ” RWM ” “
SQQQ (AN ULTRA INVERSE ETF) $350 profit TWM ” “
GLD (ETF FOR GOLD) buy 12110 stop – sell stop 11935
SILVER long 1896 – sell stop 1909 SLV long 1832 – sell 1782 stop
AGQ long 6219 – sell stop 5892 NIB (AN ETF FOR COCOA) wait to buy
FEEDERS short 11595 – buy stop 11645 JJC (COPPER) long 4472 – sell stop 4286
COW (ETF FOR LIVESTOCK) long 3059 – sell stop 2980 MOO long 4455 – sell stop 4245
WHEAT buy 6.81 stop – risk 20 cents
CORN long– sell stop for the c.e.f. CORN is 2793
SOYBEANS long1015 – sell stop 999
DBA (ETF FOR AGRICULTURE) long 2634 – sell stop 2561
RYURX long 3540 – sell stop 3635
NAT. GAS short 4.24 – buy stop 3.89 ERX bot 2668 – sell 2416 stop
UNG (ETF FOR NAT. GAS) buy 6.64 stop
OIL buy 7501 stop USO (ETF for crude oil) long 3353 – sell stop 3162
****we’ve had “flash crash”, “Mash crash”, will “Smash Crash” be next?****
We have openings for a few – call for info We don’t make money til you make money
Lawrence Sarsoun
Author of “America’s Monetary Mess”
321-259-4729
