Tuesday, May 19, 2009

Potential STT short

Was the leading in money outflows in WSJ selling on strength today. Strong MACD neg divergence and very big selling volume at close. Keep in mind that like most of the posts, this is a short term potential play.


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May 15 - Closed out IWM puts for +120% and picked up DAL and HD Jun calls

I'm going to let the market do its thing this week and probably stay away from new positions until Friday unless something very good pop...