FAS Trade and Other Crap I Forgot In Last Post
The other thing I did was cut my index longs back from 100% to 50%. Today was a good/great day, no need to risk anything. However, I do think we move higher, then not settle on those highs. There will likely be an opportunity to sell tomorrow and if its there in the morning with the excuse of YHOO and MS earnings, I’ll close my index longs and refire into a position on Friday.
Added a DRYS daily chart. I’m long DRYS and picked up some DRYS 7.5 M calls. As oil/energy sector turns around which I think its in the midst of doing after a FALSE breakdown, will bring the lagging related sectors up.
*I forgot to add, I’m on Twitter now. You can follow @ http://twitter.com/stockrake
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