Friday, June 29, 2012
Thursday, June 28, 2012
VIX printed black exhaustion candle and big early morning drop was mostly recovered. So still with slight bias to upside. With expectations very low for euro resolution, any news could push things up a lot. Now trapped in narrow range and a close out of the zone will probably indicate much more strength in that direction.
Wednesday, June 27, 2012
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
I am liking the set up for XLE a lot now and XBI I am hoping for some settling so I can board the train. Maybe within 1-2 weeks? Missed ...
Didn't make any changes Fri except close the GLD short as the miners + silver started showing strength and an oversold signal on the 2 h...