Shooting star?

I have been looking closely at the Apple chart on the daily and weekly basis. It is certainly a risky place to enter a short sale – is there any other? – with the trend still showing as up. However, the main market averages are looking still very weak – though will be due a [...]

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ipocalypse

Couple if items to note Morgan Stanleys “catastrophic event“ RBS says “global stock crash“ Apple short sale £246 in profit.

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Corn position

Sell order was activated on Friday at the asked for price, £64 in profit (64 points). Early in session tested over 750, but poor finish does not bode well for Monday (for the long side). Looking at the chart – break of trendline and on monthly, this month bar is largest in years – could [...]

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Sunday review

Here is my cotton trade reviewed, with contract note, being the largest gain so far this year. Commodity sell off in progress, so will wait and see / wait for base or support to come in before buying in again, in cotton, coffee and sugar. Newmont – is it close to a pivot point at [...]

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Commoditize your portfolio…

From now on, due to time pressures I will have to post only on Friday a review of the week, and Sunday for a general Big Picture, “Kitchen Cabinet” overview. Update on Coffee, well, letting profits run on this one, as it didn’t want to get stopped out in the week when I tightened stops. [...]

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Positions update

Here is my open position as of yesterday, Coffee has gained today and made a high at 2128 before falling back some, as have silver, buying more at 1710. Long DAX30 since closed for a loss of about £75 and also stopped out of £15/point NR at 106. Will buy back in as it moves [...]

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