http://www.stockrake.com

Today started off bad with my half position of FAZ I held overnight. Huge gap down in FAZ that QUICKLY recovered, but I sold mine, eating my loss. However, the market rallied, while FAZ went up as well. It was strange, but if I hung in there, FAZ hit a high of 82 by 10:30am. Sucked badly.

I made up for my loss for scalping FAZ later on as well as SRS. Then rolled into TNA and URE for 2-3:30 runup and sold into the highs. At that moment, I bought QID, and started getting long some Gold as an oversold play.

So what I’m holding long overnight (and I’ve been getting crushed with overnight positions) is:
QID, GLD April 90 calls, AUY March 8 calls, AUY, and EGO.

Related Posts