Thursday, June 28, 2012

Trapped between 131-133 in SPY

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.

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Aug 25 - Re-entered (again) GLD short, long LVS, AMZN, NFLX, SHAK

I have been stopped out twice in last few weeks trying to short GLD.  I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...