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MAN WHO PICKS TOP, LOSES BOTTOM!

Comments for March 9, 2010

Looking Ahead to Tuesday by reflecting back on Monday’s trading action

Eurodollar triple top still in place

FINANCIALS: 03/09/10 Higher closes yesterday for the eurodollar while lower for the notes and bonds. The eurodollar continues be be in a gradual long-term uptrend with a TRIPLE TOP still in place. The recent sell-off in the bonds along with a DOUBLE TOP in the June contract has kept my buy signal in place while the notes continue to be a buy whole showing some signs of losing steam. The notes and bonds have been holding up well leading me to believe its because people don't think the stock market rally will last and want their funds to be in the safest place possible. BUY SIGNAL FOR THE NOTES. SELL SIGNAL FOR THE BONDS. CALL FOR DETAILS!

REMINDER: March/June Currency Futures Rollover began Monday, March 8!!

Read the balance of my morning comments, including the Grains,

Energies and Softs at my website. For my complete coverage, visit my commentary page at www.markethead.com

Rick Alexander has been a broker and analyst in the futures business for over thirty years. He is a Vice-President for Sales and Trading at the Zaner Group (www.zaner.com) a Chicago-based futures brokerage firm. Email Rick at ralexander@zaner.com or call toll-free (888) 281-4158.

The information in this Report and the opinions expressed are subject to change without notice. Neither the information nor any opinion expressed constitutes a solicitation by Rick Alexander or the Zaner Group of the purchase or sale of any futures or options. Futures and options trading is speculative in nature and involves risks. Spread trading is not necessarily less risky than outright positions. Futures and options trading is not suitable for all investors