Friday, August 28th, 2009
Am I suggesting getting long the US dollar…NO. However the powers that be may push the dollar higher so I wanted to make you aware of this. The fundamentals do not justify a strengthening dollar and talk of negative interest rates do not make me get bullish but nevertheless be aware if the dollar rallies [...]
Tags: breakout, cocoa, commodity, corn, crude oil, futures, gold, lean hogs, live cattle, natural gas, options, ratio trading, silver, spread trading, sugar, wheat
Posted in Daily Thought | Comments Off
Thursday, February 12th, 2009
Natural gas still searching for a bottom; get long March futures with a stop below4.25. We will also be pricing out April calls soon. We would be a buyer of oil under $33 but have little interest in buliding a position yet…could be talked into trading a bounce from oversold levels. Trend remains down until [...]
Tags: Aussie, breakout, call, coffee, commodity, corn, crude oil, exports, futures, gold, Kiwi, lean hogs, Loonie, natural gas, options, put, RBOB, silver, soybeans, spread
Posted in Daily Thought | Comments Off
