Wednesday, June 10, 2009

Potential SPY breakout

Still waiting for a breakout, but does look like consolidation for the next move up to the high 90's in SPY. If things really push hard, 100 is not entirely out of the question.

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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