Today's Ideas:

    IMPORTANT : Below is what we're looking at currently, but pay attention to our UPDATES on the side of each page for actual entry/exit times and prices. Refresh pages often! You will witness our winners AND losers; something that is rare in our business.    TO VERIFY ACTUAL PRICES AND TIMES, PLEASE CLICK ON  A TICKER ENTRY TO THE RIGHT.  ALL TRADES, WHEN THEY OCCURED, ARE VIEWABLE.  Whenever possible, we have included the ETF symbol for those who are not experienced trading futures, etc.

    Wednesday, October 1, 2008

    Good day trading

    The impending "deal" (some deal!) in Washington is providing decent day trade opportunities, without the overnight headline risk. I'll continue to trade the most liquid vehicles, and my focus will be on shorting stocks, even more than playing the yen, bonds, or gold. Very short hold times have been effective, so I'll take what I can get.

    The $USD continues to march higher lately. I'm aware of all the arguments for weaker $USD/stronger commodities, but the charts tell a different story. I'll stand aside on gold, silver, and the agricultural futures until there is relative clarity. For today, shorting stocks at some point seems to have the best risk/reward. Let's see what happens.

    Links I like:

    Perhaps the Japanese are best positioned to assist the US?


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