Tuesday, September 18, 2012

closed half of USO short

again fairly bullish low vol low volatilty consolidation. Although i would like to get more juice on USO short the general strength in indexes makes me cautious. GLD bounced nicely today and i recovered most of the losses from yesterday. I wouldnt mind seeing a few more days of consolidation to set up a strong base moving forward.

No comments:

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...