http://www.stockrake.com

If you watch the market closely you know the market is at a critical point.

I’m trying to focus beyond the short term here though. If I step back I’m seeing many many stocks that are beginning a pattern similar to MON did months ago. There are many inverse ETFs looking like they want to goose step higher. I’ll post links in the comments from Chart.ly later.

I did a mix of things today.

For gains:
XLB puts, ERY, SPY calls.

For losses:
FAS, SPXU, TZA

What I’m holding now:
- holding EBAY Aug 19-17 put spread and I added to it by buying the ITM Aug 21 puts.
- holding YHOO July 15 puts
- even though bot and sold a few times today I went back to buying these eod. IYR Aug 50 puts
- bought SBUX Aug 26 puts
- and 100% short the 2x inverse funds NDX, SPX, RUT

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