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  • Archive for February, 2010

    Market Commentary – FEB 25

    The averages rallied quite strongly into the close today, erasing much of the day’s early losses, however, none of them managed to close above the overhead resistance of the 40 [...]

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    Coach BD

    7:07 pm, 02/25/2010

    Alert – Canadian Royalty Trusts

    CRT‘s are once again looking attractive and entries are close at hand.  We will be evaluating the best of the group tomorrow with our entry criteria. Coach BD

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    Coach BD

    8:10 pm, 02/24/2010

    Alert – VIX

    VIX We’ve been waiting for the VIX to hit the 20 level once again though we don’t like the chart.  We may well enter tomorrow if the markets bounce off [...]

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    Coach BD

    8:05 pm, 02/24/2010

    Action Alert – TSRA

    TSRA This has been our biggest disappointment so far.  Tomorrow, short of a huge BO to the upside, we will adjust this position to NET NEUTRAL and start collecting premium [...]

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    Coach BD

    6:55 pm, 02/24/2010

    Action Alert – RMBS

    RMBS We WILL be adjusting our RMBS positions tomorrow to reflect our current ST view of sideways action to capture ST income while we continue wait for the catalyst that [...]

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    Coach BD

    6:39 pm, 02/24/2010

    Market Commentary – Wed FEB 7, 2010

    Close The DOW closed just below its 50-Day MA, on weakening volume from yesterday’s negative close.  We suspect that the markets may move sideways with these flat 20, 40 & [...]

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    Coach BD

    5:20 pm, 02/24/2010

    Alert – RMBS

    RMBS We continued to be puzzled by RMBS‘ price action but now is the time to view the stock as it is behaving and not as we think it should. [...]

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    Coach BD

    1:35 pm, 02/24/2010

    Alert – RMBS Technicals

    RMBS Though RMBS has moved back up slowly into ST resistance from both the 20-Day & 50-Day MA’s… everyone should take a look at the longer term trends on the [...]

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    Coach BD

    9:10 pm, 02/18/2010

    Market Commentary – FEB 9, 2010

    Midday This is the kind of rebound action we’ve been looking for.  Now we will see if there is any conviction on the buy side whatsoever.  It appeared earlier that [...]

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    Coach BD

    1:07 pm, 02/09/2010

    Market Resistance

    It was brought to my attention that some of you may not understand my discussions of overhead resistance in evaluating the current market conditions. First, on a Daily chart of [...]

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    Coach BD

    12:40 pm, 02/08/2010