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Silver and gold broke out. The charts have been saying this was coming. However, the issues with the Euro are probably what is really pushing this puppy up. I don’t care the reason though. Reasons are great backdrops for the charts and its nice when it lines up with the direction you want to be …

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Took gains in everything this morning. 2x funds SPX, NDX, and RUT at the morning price. Although waiting until the end of the day would have yielded better returns, I wasn’t about to chance losing the 8-9% morning gain. I also took my gains in X calls, CENX stock, TEVA spread, and took a small …

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The best thing I ever did in the last 3 days was not panic out of my short thesis. I kept the 2x NDX/RUT shorts from yesterday (heavy 100%) collecting 6% in each index. Haven’t seen a move like this in quite awhile. I was also long EWZ puts, long POT puts, long EPV, long …

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WTF is with this market. The minute there is a potential 2 day move they rip the other way. Not just a doji, maybe a hammer, maybe some lame weak fizzle, no they rip the face off the very next day. That is what happened to me today. Mostly in my KGC calls and FXI …

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Right on the open I noticed PG catching some green and that was my cue. Now its weird right, who cares about PG. Whats the big deal? Well I’ve been scouting it as an oversold play and I planned on buying calls today, but it started moving before I could get a position on. I …

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