 4x Report: US-Aktien deutlich erholt - Japanische Exportwerte im Plus
Derek Frey I OdomFrey - 09 July 2010
Marktbericht der Börse Stuttgart - Auslandsaktien KW 26 (05.07. bis 09.07.2010)
Der Aktienmarkt in den USA konnte sich diese Woche stabilisieren. Nach dem der Dow Jones am Freitag während der Handelssitzung ein neues Jahrestief bei 9.614 Punkten markierte, nahm der Index am Dienstag und Mittwoch wieder Fahrt auf. Dabei gelang es sogar die Marke von 10.000 Punkten zu überspringen. Auch die anderen Indizes konnten sich von den Tiefstständen der Vorwoche deutlich erholen. ... mehr  Option Idea: Bear Put Spread in Orange Juice Futures
Derek Frey I OdomFrey - 12 October 2007
Buy a January 2008 OJ 135 put while selling one January 2008 OJ 120 put for a combined max cost and risk of 4.0 points ($600) or less to open a position. The OJ market has seen a sharp move higher today and we are reading this as a short squeeze. We could see it go a bit higher but ... mehr Option Idea: Bear Put Butterfly Spread in Gold Futures
Derek Frey I OdomFrey - 30 September 2007
Buy November 2007 Gold 730 and 670 puts while selling two November 2007 Gold 700 puts for a combined max cost and risk of 60 points ($600) or less to open a position. Gold has seen a very impressive rally since breaking out above 700. While in the longer term we expect this trend to believe a ... mehr Option Idea: Bull Call Butterfly Spread in Cocoa Futures
Derek Frey I OdomFrey - 13 September 2007
Buy March 2008 Cocoa 1800 and 2200 calls while selling two March 2008 Cocoa 2000 calls for a combined max cost and risk of 40 points ($400) or less to open a position. Cocoa has seen a long term up trend for all of 2007. In just the last few weeks we have seen a nice pullback in this ... mehr Option Idea: Bull Call Spread in Corn
Derek Frey I OdomFrey - 29 August 2007
Buy a December 2007 Corn 370 call while selling a Dec. '07 Corn 420 call for approximately 10 cents ($500) to open a position. Corn has been the focus of many stories this year not the least of which has been the ethanol story. While we feel the ethanol side of the story is overblown, we do feel that the ... mehr Option Idea: Bull Call Spread in Coffee
Derek Frey I OdomFrey - 22 August 2007
Buy a December 2007 Coffee 125 call while selling a Dec. '07 Coffee 135 call for approximately 1.50 points ($562.50) to open a position.
Coffee has been building a macro bull flag on the monthly charts for the last few years now. We are nearing the apex of this long term consolidating wedge ... mehr Option Idea: Long Call in the Dollar Index
Derek Frey I OdomFrey - 04 August 2007
Market: October Dollar Index (DXZ7)
Tick Value: 1 point = $10
Trade Description: Long Call
Option Expiration Date: 11/09/07
Max Risk: approximately $250
Max Profit Potential: Target is 200% of the risk.
Buy an October 2007 Dollar Index 82 call for approximately 25 points ($250) to open a position. ... mehr Odom & Frey Weekly Futures and Options Views
Derek Frey I OdomFrey - 04 August 2007
This week the entire world is watching to see if stock markets are able to regain there footing or if this really is the beginning of a bear market. We feel that this is the beginning of a bear market, our models have been calling for this, as we have mentioned in past issues. We must strongly advise ... mehr Option Idea: Long Put in Cocoa Futures
Derek Frey I OdomFrey - 11 July 2007
Buy a September 2007 Cocoa 1950 puts for approximately 30 points ($300) to open a position.
Cocoa has been on a strong up trend pushing through the 2100 level. the last time cocoa was this high was 2003 and the market fell quite hard after topping out near 2400. We have a number ... mehr Option Idea: Bull Call Spread in Wheat Futures
Derek Frey I OdomFrey - 20 June 2007
Buy a September 2007 Wheat 620 call while selling a September 2007 Wheat 650 call against it for a combined max risk and cost of 10 cents ($500) or less to open a position.
Wheat has seen an explosive move to the upside in the past few weeks. This was largely due to weather concerns during ... mehr Option Idea: Long Call in Crude Oil Futures
Derek Frey I OdomFrey - 05 June 2007
Buy a July 2007 Crude Oil 69 calls for approximately 30 points ($300) to open a position.
With Tropical cyclone Gonu bearing down on the Straights of Hormuz the time for a short term price spike in crude oil is upon us. Gonu is a category 4 storm and is headed straight for the Gulf of ... mehr Option Idea: Long Call in Orange Juice Futures
Derek Frey I OdomFrey - 05 June 2007
Buy a September OJ 175 call for approximately 3 points ($450) to open a position.
Our OJ trade from last month worked out very well. We covered yesterday with about a 300% return on our investment*. We are now looking to reverse our position and go long. The reason for ... mehr Option Idea: Long Put in Orange Juice Futures
Derek Frey I OdomFrey - 10 May 2007
Buy a July OJ 160 put for approximately 3 points ($450) to open a position.
OJ had been on a very long term up trend since 2004, but that trend has now decisively broken down. It is now making a classic bear flag as you can see on the chart below. This market is ... mehr Option Idea: Long Put in 30-Year US Treasury Bonds
Derek Frey I OdomFrey - 10 May 2007
Buy a June 30 yr. T-Bond 111 put for approximately 13 points ($203.13) to open a position. Today we have the rate decision from the FOMC at 2:15 p.m. EST. The consensus is that Mr. Bernanke and company will leave interest rates unchanged. The main issue many traders are looking for is a change in verbage ... mehr Option Idea: Long Butterfly in Crude Oil
Derek Frey I OdomFrey - 11 April 2007
Buy June Crude Oil 65 call and one June Crude Oil 70 call while selling two June Crude Oil 67.50 calls for a combined cost and risk of 50 points ($500) or less to open a position. Technical / Fundamental Explanation Crude oil saw a dramatic correction after the Hostage ... mehr Option Idea: Long Strangle in 30 Yr. US T-Bonds
Derek Frey I OdomFrey - 21 March 2007
Technical / Fundamental Explanation
Both the stock and Bond markets have been anticipating this weeks FOMC meeting for months now. Both markets have been foolishly hoping for a rate cut. Only a catastrophic event like the stock market dropping
25% or something similar would result ... mehr Odom & Frey Weekly Forex Report
Derek Frey I OdomFrey - 19 March 2007
GBP/USD
The cable has put in a strong bottom at 1.92. We could easily see a move to 1.96 this week. This market is in a wide trading range between 1.92 and 1.98 and until it moves out of that range we will be trading the chop. That means we do the opposite of what we do in a trending market. In a trending market ... mehr Option Idea: Bull call ladder spread in Euro Currency
Derek Frey I OdomFrey - 13 March 2007
Buy an April '07 Euro Currency 2007 133 call and at the same time buy an April '07 Euro Currency 136 call while selling an April '07 Euro Currency 134 and 135 call for a maximum cost and risk of 24 points ($300) or less to open a position. Technical / Fundamental Explanation The Euro has been stuck in ... mehr Odom & Frey Weekly Forex Report
Derek Frey I OdomFrey - 12 March 2007
GBP/USD The cable is now trading near the lower end the range since late November. Support near 1.91 and resistance near 1.94 are key levels for this pair, a break down through support would destabilize the market and could lead to a further correction. However, fundamentals still ... mehr Option Idea: Buy Puts Orange Juice Futures
Derek Frey I OdomFrey - 08 March 2007
Technical / Fundamental Explanation OJ has been trying unsuccessfully to break through resistance for some time now. We have already seen a substantial rally in the OJ market and just like the stock market a healthy correction is needed. Notice on the left side of the chart below all the gaps that this ... mehr Odom & Frey Weekly Futures and Options Views
Derek Frey I OdomFrey - 05 March 2007
Energy
Crude oil did try to push thru to new highs this past week but resistance at 62.00 proved to be strong and so far continues to hold crude back. Near term we could correct back below 60.00 but any dips below sho9uld be good buying points. The path of least resistance continues to be up and we continue to ... mehr Option Idea: Buy Puts Oats Futures
Derek Frey I OdomFrey - 02 March 2007
Technical / Fundamental Explanation
The Grain complex has been on a very good run for many months now. However, with all the preasure we are seeing on foreign markets, Asia in particular, there is an ever increasing possibility of a slow down in the dramatic growth they have seen in recent ... mehr Option Idea: Bear Put Butterfly Spread in Dow Futures
Derek Frey I OdomFrey - 01 March 2007
Technical / Fundamental Explanation
The free fall in stocks yesterday was something we have not seen in a long time. Many of the talking heads are trying to blame it on Asia and or technical problems at the exchange. Frankly that is bunch of bull, to put ... mehr Odom & Frey Weekly Futures and Options Views
Derek Frey I OdomFrey - 26 February 2007
Energy
Crude oil did in fact try to push above 62 this week but fell just short. We continue to target a move back to 65 in the coming weeks. It will not be a one way street higher though. We are expecting a sizeable increase in volatility in the energy sector this ... mehr Odom & Frey Weekly Forex Report
Derek Frey I OdomFrey - 25 February 2007
GBP/USD The cable bounced off support this week and closed at the upper end of its recent range near 1.97. The fundamental picture remains strong for this pair, and we expect further upside in the long term. Resistance near 1.98 will contain this market until a fundamental ... mehr Option Idea: Bull Call Spread in Coffee Futures
Derek Frey I OdomFrey - 23 February 2007
Buy one May 2007 Coffee 125 call while selling one May 2007 Coffee 130 call for a combined cost and risk of 1.25 points ($468.75) or less to open a position. Technical / Fundamental Explanation Coffee has just bounced off of strong support this past week and now looks poised to ... mehr Option Idea: Bull call spread in Lean Hogs
Derek Frey I OdomFrey - 22 February 2007
Technical / Fundamental Explanation The Hog market has been steadily rallying for the last few months. We have recently tested and supported out above the rising trendline support line on the chart below. This rising trend is expected to continue and a move into the 70's is the target for the next leg up. ... mehr Option Idea: Bear Put Butterfly Spread in Silver Futures
Derek Frey I OdomFrey - 22 February 2007
Buy one May 2007 Silver 1400 put and buy one May silver 1300 put while selling two May 2007 Silver 1350 puts for a combined cost and risk of 10 cents ($500) or less to open a position. Technical / Fundamental Explanation
Silver has seen a very solid rally that ... mehr Trade Recommendation: Bull call spread April 2007 Crude Oil
Derek Frey I OdomFrey - 16 February 2007
Buy one April 2007 Crude Oil 60.00 call and at the same time sell one April 2007 Crude Oil 65.00 call for a combined cost and risk of 125 points ($1250) or less to open a position. Technical / Fundamental Explanation
Crude oil has been trying to resume its uptrend and many technicals now point ... mehr Odom & Frey Weekly Futures and Options Views
Derek Frey I OdomFrey - 12 February 2007
Energy
Crude oil had a very strong push in the latter half of the week until about the last 30 minutes of trading on Friday. The fact that crude could not close above $60 after spending most of the day there is quite bearish and I would look for follow through ... mehr Odom & Frey Weekly Forex Report
Derek Frey I OdomFrey - 29 January 2007
The Underlying Fundamentals
For the past few weeks primary driver of the markets has been unexpected data releases, and this week was no different. On Friday the stronger than expected U.S Housing Data helped the Dollar hold onto it recent gains and ... mehr Option Idea: Bear Put Butterfly Spread in Silver Futures
Derek Frey I OdomFrey - 24 January 2007
Technical / Fundamental Explanation
Silver has bounced after falling over $1.50 in two days in mid December. This bounce has fooled many traders to conclude that we are back to the races. This market has just today rallied back above $13.25 and has done a classic head fake move. Look for silver to ... mehr Option Idea: Bull Call Spread in Cotton Futures
Derek Frey I OdomFrey - 22 January 2007
Technical / Fundamental Explanation
The recent pullback has given us a great opportunity to get into this market after a strong bottom has been formed. The range expansion that occurred on Tuesday shook out the weak hands, and now the market appears ready to push to new highs. Open interest is on the rise as we approach ... mehr Odom & Frey Weekly Futures and Options Views
Derek Frey I OdomFrey - 20 January 2007
Energy
The energy sector was finally able to stage a solid bounce on Friday. This has been the first significant bounce since we broke below $60. We are expecting this bounce to carry us up to somewhere between 55 and 57 by early February. Heating Oil should bounce to at least 1.60 in the near term, and ... mehr Option Idea: Bull Call Ladder Spread in Corn Futures
Derek Frey I OdomFrey - 19 January 2007
Buy one May 2007 Corn 430 call and buy one May 2007 Corn 540 call and at the same time sell one May 2007 Corn 480 call and sell one May 2007 corn 500 call, for a combined cost and risk of 10 cents ($500) or less to open a position. ... mehr Option Idea: Bull Call Ladder Spread in Crude Oil Futures
Derek Frey I OdomFrey - 19 January 2007
Buy one March 2007 Crude Oil 53 call and buy one March 2007 Crude Oil 59 call and at the same time sell one March 2007 Crude Oil 55 call and sell one March 2007 Crude Oil 57 call, for a combined cost and risk of 40 points ($400) or less to open a position. ... mehr Odom & Frey Weekly Forex Report
Derek Frey I OdomFrey - 16 January 2007
The Underlying Fundamentals Last week the Dollar continued to gain against the majors, hitting multi year highs against the Yen and a seven week high vs. the Euro. A fundamental boost from the Bank of England’s Rate hike helped the British Pound buck the dollar’s strength, but ... mehr Option Idea: Bear Put Butterfly Spread in the Gold Futures
Derek Frey I OdomFrey - 11 January 2007
Buy one April 2007 Gold 600 put and at the same time sell two April 2007 Gold 575 puts, and buy one April 2007 Gold 550 put for a combined cost and risk of 5 points ($500) or less to open a position. ... mehr Option Idea: Bear Put Butterfly Spread in the Dollar Index
Derek Frey I OdomFrey - 09 January 2007
Buy one March 2007 Dollar Index 84 put and at the same time sell two March 2007 Dollar Index 82 puts, and buy one March 2007 Dollar Index 80 put for a combined cost and risk of 40 points ($400) or less to open a position. ... mehr Odom & Frey Weekly Futures and Options Views
Derek Frey I OdomFrey - 31 December 2006
Energy
The energy market continues to churn as we end the year. We are well off of the 2006 highs and the forces that caused those highs were somewhat of a “perfect storm” and not likely to be repeated in the near term. Geopolitical events being what they are there is still more ... mehr Odom & Frey Weekly Forex Report
Derek Frey I OdomFrey - 31 December 2006
The Underlying Fundamentals
Two holiday weekends in a row have given the Currency Markets a bit of a breather. This slowdown comes after months of exciting action and leaves the dollar trading significantly lower versus the Pound, Euro and Aussie. In ... mehr Option Idea: Bull Call Ladder Spread in Coffee Futures
Derek Frey I OdomFrey - 29 December 2006
Buy one March 2007 Coffee 130 call and at the same time, buy one March 2007 Coffee 155 call, while selling one March 2007 Coffee 140 call and sell one March 2007 Coffee 145 call for a combined cost and risk of 2 points ($750) or less to open a position. ... mehr Option Idea: Bear Put Butterfly Spread in Treasury Bonds
Derek Frey I OdomFrey - 28 December 2006
Buy one February 2007 US 30 Year T- Bond 112 put and at the same time, buy one February 2007 US 30 Year T- Bond 108 put, while selling two February 2007 US 30 Year T- Bond 110 puts for a combined cost and risk of 32 ticks($500) or less to open a position. ... mehr Option Idea: Bull call butterfly spread December 2007 Cotton
Derek Frey I OdomFrey - 15 December 2006
Buy one December 2007 Cotton 70.00 call and at the same time, buy one December 2007 Cotton 80 call, while selling two December 2007 Cotton 75.00 calls for a combined cost and risk of 40 points ($200) or less to open a position.
Technical / Fundamental Explanation
This trade may seem odd to many of you ... mehr Option Idea: Bull call butterfly spread in Silver (SIH7)
Derek Frey I OdomFrey - 14 December 2006
Buy one March 2007 Silver 14.00 call and at the same time, buy one March 2007 Silver 15.00 call, while selling two March 2007 Silver 14.50 calls for a combined cost and risk of 8 cents ($400) or less to open a position.
... mehr Option Idea: Bull Call Ladder Spread in Euro Currency Futures
Derek Frey I OdomFrey - 14 December 2006
Buy one January 2007 Euro Currency 133 call and at the same time, buy one January 2007 Euro Currency 136 call, while selling one January 2007 Euro Currency 134 call and sell one January 2007 135 call for a combined cost and risk of 20 points ($250) or less to open a position. ... mehr Option Idea: Long Call in Dollar Index
Derek Frey I OdomFrey - 14 December 2006
Buy one March Dollar index 84 call for 65 points ($650) or less to open a position.
Technical / Fundamental Explanation
The Dollar continues to be weak, but we feel that since we are long most of the other currencies against the Dollar, ... mehr Odom & Frey Weekly Futures and Options Views
Derek Frey I OdomFrey - 02 December 2006
Energy
Energy prices did what we have been calling for this week, and we are now on are way back to at least the mid sixties in Crude oil. Natural gas had a breakout that failed to follow through, but we view this as a buying opportunity. Energy moves in fits and starts most of the time, so look for ... mehr Odom & Frey Weekly Forex Report
Derek Frey I OdomFrey - 20 November 2006
The Underlying Fundamentals
Unlike earlier this month, the U.S economic data reports that came out this week had one thing in common, slowing economic growth. Both the PPI and CPI came in below expectations and the result was a bit of fundamental pressure on the dollar. Additionally, ... mehr Odom & Frey Weekly Futures and Options Views
Derek Frey I OdomFrey - 12 November 2006
Energy
Crude oil continues its range bound trading as I have mentioned here in past issues. We continue to buy long at or near 58 with stops below 57 and sell short at 61 with stops above 62. I see little on the horizon that can break this market out of the range but these ... mehr Odom & Frey Weekly Forex Report
Derek Frey I OdomFrey - 12 November 2006
The Underlying Fundamentals
For the first time in quite a while the U.S economic front was relatively quite, giving the market a bit of a breather. However, the international front was relatively busy with monetary policy meetings for both the ECB and ... mehr Odom & Frey Weekly Futures and Options Views: Commodities
Derek Frey I OdomFrey - 04 November 2006
Energy Crude oil has seen some wild volatility but is unable to break out of its 57-62 range. This is range trading at its best. Buy as close to 57-58 as you can with stops below 57 and sell as close to 61-62 with stops above 62. There is little out there in the near term that could break us out of this range so ... mehr Odom & Frey Weekly Forex Report
Derek Frey I OdomFrey - 04 November 2006
The Underlying Fundamentals The majority of this week's data suggested that U.S economic growth was in fact slowing down, that was of course until the employment numbers came out on Friday morning. Not only were the #'s above expectations, but the markets really ... mehr Odom & Frey Weekly Futures and Options Views: Currencies
Derek Frey I OdomFrey - 22 October 2006
EUR/USD: The 1.25 support level I mentioned in last week's newsletter held strong on U.S data, and the resulting rally had this pair testing resistance near 1.2640 by weeks end. I do not expect any significant movement until Tuesday 2pm(est) when the Fed releases their ... mehr Odom & Frey Weekly Futures and Options Views: Commodities
Derek Frey I OdomFrey - 22 October 2006
Energy: Energy continues to consolidate in the 57-62 range that I have mentioned here in weeks past. I see this market continuing to consolidate within this range until OPEC decides to really cut production not just quota's. Natural gas rallied to 7.00 and is now a sell. I am expecting natural gas to fall back to 6.00 this week. ... mehr Odom & Frey Weekly Futures and Options Views: Currencies
Derek Frey I OdomFrey - 15 October 2006
EUR/USD: Last week I mentioned the underlying bearish sentiment of this pair and this week we saw the sellers follow through. On Friday afternoon I was filled @ 1.2485 on the long trade I outlined last week with my stop @ 1.2459. I remain cautious ahead of next week's ... mehr Odom & Frey Weekly Futures and Options Views: Commodities
Derek Frey I OdomFrey - 15 October 2006
Energies Energy did in fact support out in the area I expected and mentioned last week. I see the market rallying to $60.00 in the early part of next week. However I continue to believe that in the medium term 58-62 will more or less be the range that crude stays in. This ... mehr Odom & Frey Weekly Futures and Options Views: Commodities
Derek Frey I OdomFrey - 08 October 2006
Metals - Metals are trying to stabilize but continue to struggle. We will likely see this market drift sideways in the near term. I am a mild but not wild bull of metals at this time. Gold should be range bound between 575 and 600 this coming week while silver should find its happy ... mehr Odom & Frey Weekly Futures and Options Views: Currencies
Derek Frey I OdomFrey - 08 October 2006
EUR/USD: This pair has been chopping quite a bit lately, bouncing between short-term technical levels without any real direction. However, we finally caught a glimpse of the underlying sentiment on Friday morning when the stateside non-farm payrolls came in below expectations. ... mehr Option Idea: Bull Call Butterfly Spread in Heating Oil Futures
Derek Frey I OdomFrey - 27 September 2006
Buy one November 2006 Heating Oil 175 call and one November Heating Oil 195 call, and at the same time, sell two November 2006 Heating Oil 185 calls for a combined cost and risk of 200 points ($840) or less to open a position. Technical / Fundamental Explanation
The Heating Oil has pulled back quite a bit with the rest of ... mehr Odom & Frey Weekly Futures and Options Views: Commodities
Derek Frey I OdomFrey - 24 September 2006
Energies
Energy continued lower as we expected. Strong support lies between 58-60 on the daily charts, so we are expecting this slide to stall as we approach that zone. We are then expecting the market to consolidate in that range. If you are short I suggest you real in those ... mehr Odom & Frey Weekly Futures and Options Views: Currencies
Derek Frey I OdomFrey - 24 September 2006
EUR/USD: This pair finally broker free from its recent range during Thursday's session. The move was sparked by bullish data from the Philadelphia Fed and the ECB. The fundamental picture may finally be supporting the uptrend we have been waiting for, though we do expect ... mehr Odom & Frey Weekly Futures and Options Views: Commodities
Derek Frey I OdomFrey - 09 September 2006
Energies
Crude Oil broke below critical support at 68 that I mentioned last week and we were stopped out of our long trades. For now we are on the sidelines in energy with Natural gas being the exception. Natural gas continues to hold above its support level and we are now long with stops just below support. ... mehr Odom & Frey Weekly Futures and Options Views: Currencies
Derek Frey I OdomFrey - 09 September 2006
EUR/USD: After weeks of ongoing consolidation we are finally beginning to see some signs of life in the currencies. The wedge this pair had building for the last month ended with a downside breakout, a classic example of the explosive moves that can occur after these types of formations. The re-mergence ... mehr Odom & Frey Weekly Futures and Options Views: Commodities
Derek Frey I OdomFrey - 02 September 2006
Energies
Crude Oil did pullback this week and ended the week below $70 for the first time since the beginning of the summer. Longer term support lies just above $68 So it is critical that this support level holds for us bulls. We continue to buy this dip with stops starting at ... mehr Odom & Frey Weekly Futures and Options Views: Currencies
Derek Frey I OdomFrey - 02 September 2006
EUR/USD: The short term trade I suggested last week (long @ 1.275 target 1.285) gave us a quick profit, and got us out before volatility increased late in the week. Even though our trade worked out quite well, it is important not to become overconfident and careless simply because of one ... mehr Odom & Frey Weekly Futures and Options Views: Commodities
Derek Frey I OdomFrey - 26 August 2006
Energies
Crude Oil did manage to hold the critical $70 level that I mentioned last week. Geopolitical and weather factors continue to dominate the trade in energies and we are likely to see the bid in them remain. In the week ahead we are targeting a run towards $75 on the October contract. Heating Oil ... mehr Odom & Frey Weekly Futures and Options Views: Currencies
Derek Frey I OdomFrey - 26 August 2006
EUR/USD: early in the week we saw a rather large head fake for this pair. We stopped out of a long position for a small loss as it pulled back below the resistance @ 1.29. Although the trade did not work out, by using trailing stops to minimize risk we successfully protected our equity ... mehr Odom & Frey Weekly Futures and Options Views: Commodities
Derek Frey I OdomFrey - 20 August 2006
Energies
Well I must admit to being on the wrong side of energy this past week. I was stopped out of most of my trades. I continue to be a bull though now a wounded one. Trading with as much leverage as we do can have a devastating affect if not managed with the strictest of rules and discipline. ... mehr Odom & Frey Weekly Futures and Options Views: Forex
Derek Frey I OdomFrey - 20 August 2006
EUR/USD: This week we saw trade within the recently established range between 1.27 and 1.29. For nimble traders this range has been quite tradable, with few if any false signals. Trading a stop and reverse system is a great way to capture profits in range bound markets ... mehr Odom & Frey Weekly Futures and Options Views: Commodities
Derek Frey I OdomFrey - 13 August 2006
Energies
What a wild week in the energy pits! First we had the Prudhoe Bay story which many people thought would push us through $80 on crude. Then we had the terrorist arrests in England which also failed to push crude above $80 Let us not forget the situation in Lebanon ... mehr Odom & Frey Weekly Futures and Options Views: Forex Currencies
Derek Frey I OdomFrey - 13 August 2006
EUR/USD: This pair seemed to be plagued by indecision for the better part of the week, as it bounced between support @ 1.29 and resistance @ 1.28. However, on Friday we saw a breakdown of support which led to some technical selling. We are reevaluating our long term bullish ... mehr
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