Market in Bull Normal; Market is neutral on a short term basis Equities sold off this week, but found support near the end of the week Commodities cracked this week with silver experiencing a 5 sigma selloff (2d largest 5 day loss in the last 5 years) Rebalancing project: Monthly rebalancing : next re-evaluation on/about […]
Month: May 2011
May 07, 2011: silver pauses in its downward slide
silver finds a temporary support level after a nearly 4 sigma selloff in 5 days. the slight recovery.holding of support allowed for a reasonable intraday trade to the longside, but Monday’s trade should be especially interesting. Failure below yesterday’s low will be an autotrade in ZSL, but a breakout above today’s High will be a […]
Premarket notes: May 6, 2011
i think there’s more weakness left in Silver, tactically. I wont hold any short over the weekend though, the weekly chart will really look horrible Can afford to be very judicious here; i continue to look at the techs; Plenty of indices on the chasnnelling and overreaction tradeset up. I will be stalking for […]
May 05, 2011The silver overnight trade
the silver short side trade has been a good one. but the easy money there (its never easy really) has been made I think. weakness across the board in the indices. this is the silver short side trade has been a good one. but the easy money there (its never easy really) has been made […]
May 04, 2011: after market call
lucrative short side silver trade in ZSL continued today i hope you guys can see the value of the “Hold ‘x’ days” report in the daily as a way of calibrating the kinds of moves that can get whipped up in this ocean of a market keep your powder dry pay attention to those boundaries […]
May 04, 2011: pre mkt notes: silver off sharply overseas
preparing to manage our silver short trade in ZSL, which looks favorable right now with spot silver down sharply in the futures after a night of weakness. we are already pushing the historical boundaries for corrections over a 5 and 10 day period so at this extreme condition further sharp moves are expected
May 03, 2011 closing call on silver
Silver shortside trade (long ZSL from 14.50, 15, and 15.25 for the record) finished its 3d excellent day, as it tests the max %loss over 5 days in the last 10 years. The rebalancing of portfolios based on margin requiremnts looks to be the main driver here, but the fundamentals of silver as a hedge, […]
Champions final set
Barca was a machine against RM; blew them off the field; Arsenal just showed how to crack Man U with short fast passes, where Barca excels. Will MU be able to use size and strength to penetrate the Barca box? RM couldnt and they were just as big and fast as MU. I love MU […]
Reflecting on the “Flavor of the Month” at the High Reliability interest group on LinkedIn
seems to me that FOTM get their sharp edges rubbed off in practice (or subjected to pressure-thru-use at the industrial level) until what remains, if anything is a gem or simply the speck of sand that became the pearl. Every Aesop’s fable or Canterbury tale or Lao Tzu aphorism is rendering of an essential truth of […]
May 03, 2011: lunchtime call
the inverse silver trade in ZSL, with entries at 14.50, 15, and 15.25 from yesterday is very favorable as downside momentum is increasing. the maximum 5 and 10 day losses in silver over thel ast 10 years have been 19% and 27% respectively, so this -12% move in 3 days is by no means exceptional […]