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All the call positions that I owned heading into today were closed this morning. All were profitable except for SUN calls which I did have a shot at getting out with a meager gain, but did not act. The rest went for 30%ish and one was 8% or so. A very nice counter trend move. …

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I decided to take a chance (systematically of course) on a few names that have hit my oversold list. SUN – Sunoco RIG – Transocean GS – Goldman Sachs ACI – Arch Coal I’m a littled vexed, because the indexes don’t exhibit any guaranteed or high percentage reversal here other than the trends still being …

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The market is acting in the best way it knows how to screw everyone over. No trend. The action that happened yesterday does not happen in an up trending market. I know alot of people are bullish, I’ve mediocrely bullish only to 1138….maybe even up to 1140-1150 SPX, but if I get 1138 I’m cool …

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I came into today only long some CHK calls. They were up over 40% at one point today and finished negative at the close with the market selloff. I kept them. I think the market is going higher, but my confidence level is not particularly high. I’m only looking for a quick move upwards that …

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These are for Friday, June 28th 2009 for trade execution this Monday. Long potential: DTV, LLY, EGO, TTWO, VZ, AMT, RZ, ONTY, AIPC Short potential: CAT, COP, POT, NOV, DVN, SPWRA, ACI (after a small up move), NKE (after the smallest up move), FSLR

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