Friday, June 29, 2012

BLAST OFF!

Euro decision causes massive short squeeze. Close above critical thresholds and trendlines. Very overbought on 60 min timeframe so very short term pullback is possible. In small short position, seeking to go long again. Intermediate trend is now up.

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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...