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02 Oct
Posted by Sensei @ 3:53 pm on Monday, October 2nd, 2006 in Market Comments, Trades
Sold the CAB calls, bought DIA puts and IWM puts. I’m up nice on IWM puts, but still down a bit in the DIA puts. I think the dow will continue to selloff though and make those profitable.
I also swapped my index funds to the short side this morning. We may have to wait till Wednesday/fed for a resumption of uptrend, which means today and tomorrow could be pure pullback==fast and hard.
Tags: dia, dow, fed, index_funds, iwm, october, portfolio, selloff, Trades, uptrend
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