Wednesday, August 20, 2008

MOS 10 yr chart

I have to admit while it looks ripe for a technical rebound to maybe even 130 levels, I'm staying away short or long. When it gets overbought again I will short the hell out of it.

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Feb 27 - $shak primed for a big move

Still holding $RIG Mar2 and Mar16 calls which are up 100-200%.  $shak settling nicely and I have plenty of time with Jun 45 calls