Thinking about picking up some Leap Calls on Natural Gas in the next six months. Downside risk below $6 is minimal.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Friday, August 27, 2010
UNG - Getting Less expensive
Thinking about picking up some Leap Calls on Natural Gas in the next six months. Downside risk below $6 is minimal.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Wednesday, August 25, 2010
$TNX - 10 year note
Sooner or later there will be no reason for China to buy the US debt. When that happens - game over
For the Web's best interactive charts, please visit http://www.Prophet.Net
TLT
Treasuries flying toward top.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Tuesday, August 24, 2010
BHI - monthly
Bear Flag or Bull flag? Each a year long, but the BEAR is BIGGER.
Two ways to trade:
Get short with a stop above $49
or
Get long with a stop below $37.75
If you choose the long side it may pay to take any profit quickly.
$SPX- H&S measured move target
Taking the height of the H&S pattern from November till now one can obtain a target of 870.
