Oil Falls on Stall in Market Rally http://ping.fm/PPJKx

Futures Climb with Global Markets http://ping.fm/o9of2

SPY-you need to act appropiately and protect your assests-so I convert stocks to cash and gold (physical and etfs/mining co.’s),& treasuries

SPY- however even with long term goals and/or short term goals- if you know/feel the market is about to take a steep retracement you need

SPY- for my retirement accounts- wealth preservation with growth and income yields that is my goal

SPY- as a short term trader for my speculative account which is what I post and how I pay the bills, I look for short term moves

SPY- When bond yields are rising usually the stock index’s fall, historically this has been a reliable indicator, yields have been rising

FOR ALL MY FOLLOWERS- I apologize for the 2x times some of my post have been doing, I have corrected the error and should not happen anymore

: SPY- looking at buying $118 puts to go with my $120 puts at $1040 level also ***move stop a little higher to $104.88***

BP- watch the storm in gulf may turn into another hurricane so be ready to act quickly to downside-looking at $132 July puts when we enter

FXE expect rally to stall around $127 and will reenter there to downside as I expect another test of the lows

FXE expect rally to stall around $127 and will reenter there to downside as I expect another test of the lows

FXE still waiting for reentry here-even though everyone saying all is good for the Euro- the problem are still there-

FXE expect rally to stall around $127 and will reenter there to downside as I expect another test of the lows

On BP waiting for reentry to downside- cleanup and drilling still hampered by bad weather- we will see $25 for BP, I will let you know when

SPY good thing about this bounce is taking us out of oversold and setting us up for the big drop latter this week.

SPY continue to hold your July $125 puts- move stop $104.21 from $104.01 just in case-still think bias is down even with this bounce

Commodities: Oil near 1-month low http://ping.fm/uNwzr

Commentary and Analysis » Blog Archive » Euro bounces back and … http://ping.fm/A8rAk

Learn To Write Blog: Free Gold Investment Guidance http://ping.fm/myQdA