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Please Stand By John Thomas for Macro Millionaire Wednesday, June 30, 2010

Please Stand By John Thomas for Macro Millionaire Wednesday, June 30, 2010. The Webinar will begin at 12:00 pm EST. The Mad Hedge Fund Trader Get Ready for the Chop. Diary of a Mad Hedge Fund Trader June 30, 2011 www.macromillionaire.com.

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Please Stand By John Thomas for Macro Millionaire Wednesday, June 30, 2010

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  1. Please Stand ByJohn Thomas for Macro MillionaireWednesday, June 30, 2010 The Webinar will begin at 12:00 pm EST

  2. The Mad Hedge Fund TraderGet Ready for the Chop Diary of a Mad Hedge Fund TraderJune 30, 2011www.macromillionaire.com

  3. Macro Millionaire Global Strategy LuncheonsBuy tickets at www.madhedgefundtrader.com July 7, 2011 Los AngelesJuly 18, 2011 Chicago

  4. Macro Millionaire Performance *June 3.77% MTD*First 30 weeks of Trading+ 31.47%, all time high +42%26 out of 31 closed trades profitable1 open trade profitable *Versus 10.80% for the S&P500

  5. Portfolio ReviewMostly cash

  6. The EconomyBetween a rock and a soft place-Welcome to the 2.5% growth America Positiveseveryone has tons of cash interest rates are at zero QE1 & 2 left trillions of excess liquidity sloshing around the system The dollar is cheapNegatives profit growth is slowing state and local drag stimulus measures expiring expiring tax cuts High unemployment, 4 out of 5 Deficit cutting=slower growth Crash memories are still fresh*Initial jobless claims down 1,000 to 428,000

  7. Jobless Claims

  8. Bonds *QE2 RIP, *$5 billion a day of Fed buying has vanished*”RISK OFF” bid is cooling*Little interest in sub 3% yields*Some managers are recommending zero weighting in bonds*Watch for entry points for the (TBT)*Sell bond calls on rallies

  9. (TLT)

  10. (TBT)

  11. StocksThe glass has gone from half empty to half full *We got 8.3% of a possible 10% correction*Minor capitulation last week*End Q2 brings a window dressing melt up*July 11 Q2 earning start-upward bias*Volatility has collapsed*The bull market has not resumed look for the market to chop around this level for at least another month*No collapse imminent cash levels are high, interest rates at zero, and OPE multiples are at 13 X

  12. (SPY)

  13. (VIX)

  14. Shanghai Index

  15. The Dollar *Has no friends*Soft patch has postponed any interest rate hikes until next year*”RISK OFF” bid is waning*Greece crisis coming to a head*Trade and current account deficits remain huge*Risk of long term downtrend resuming

  16. (UUP)

  17. (FXE)

  18. OILAmbush in the market *The IEA release of strategic petroleum reserves is huge*Governments are taking money away from speculators*Makes oil a high risk, lower return trade*Khadafy demise still not in market*Playing the short side from $118*Looking to buy in mid $80 area the pre Arab Spring level and a six month low

  19. (USO)

  20. (DUG)

  21. Natural Gas

  22. Precious Metals *Possible double top for gold in place*Silver is trading like a busted contract*Losing flight to safety bid*No trade here

  23. Gold

  24. Silver

  25. The Ags *Sudden improvement in weather triggered sharp sell off*Wheat has dropped 30% in one month*Russia re-entering export market for the first time in two years*Still expensive compared to year ago levels*Long term bull trend still intact*The world is still making people faster than the food to feed them

  26. Wheat

  27. (JJG)

  28. (CORN)

  29. Trade SheetThe bottom line: “RISK OFF” worked for 8 weeks. Expect sideways chop for the rest of the summer. *Stocks-trade the 1250-1350 range*Bonds- sell out of the money calls, sell rallies*Commodities- stand aside*Currencies-stand aside*Precious Metals- stand aside*Volatility-stand aside*The ags – wait for a bigger dip*Real estate-don’t believe the rallyNext Webinar is on Wednesday, July 13

  30. To Access my Research Data Base Please Go towww.madhedgefundtrader.com

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