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    Today's Ideas:
    for morning of Wed. Mar. 26, 2008

    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.

    Position Update: 

    Chart

      We're in the process of re stabilizing, and will look to get more active today. Late yesterday (check the ticker) we bought 2 units of SRS long, and are looking to add. As we've stated many times, we're in the business of shorting stocks and buying commodities long for the foreseeable future. Commodities have turned up again several days in a row. It might be too soon to get "heavy" size on the long side, but the commodity bull is a good bet on pullbacks. Witness Soybeans and Wheat to see just how strong these items snap back. The recent "strength" of the financials will fail at some point, and let stocks bleed lower. We cannot know when or how much, but the bigger picture, like 200 day MA's tell the story. Look for decent entries on the same side of the larger trend!

    We'll update again later with our new positions, if any. Forgive the sporadic postings of late, but if not much to do, then there's not much to say. On top of that, we are in the process of making some office changes (geographic). We're still in tune, and will trade the plan. All activity is still reported on the ticker on the right. Today we're eyeing an "add" signal for SRS, or possibly SKF primarily. As usual, we won't be active until after 10 am if we get a signal. Good luck.

    Position update as of 3:36 pm:

    Long 3 units SRS ($93.46)

    Long 1.25 units Coffee etf on the LSE ($3.26)

    Long 1/2 unit Cotton etf on the LSE ($2.64)

    Long 2 units Sugar (May contract avg. price .13065)

    Trading Accounts equity < 7.8% from all time highs.

     

    For previous posts visit the archives.

     

     

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