Friday, January 30, 2015

Jan 30 - Bounce burned off

After lots of whippiness today, reestablished Weds short positions that were closed yesterday.  We are getting much closer to breaking support and looks like we will see it happen soon if not next week.  Some levels in the indexes were slightly breached today.  If we get that breach, 1900 in SPX is not out of the question.  More to post later...

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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