Posts Tagged ‘money’
This Morning Started Out Right
The morning started out right and tight. I woke up late about 9:45, the overnight shorts started to work and I pressed my positions with SDS calls, SSO puts, IWM puts, TZA, and DTO/USO puts. Everything except the crude shorts were profitable when I cashed out around 10:30ish (BZQ, FAZ, etc). The crude related shorts …
New Account Highs, For The Year
Today was a good day. Not in TM anymore, will buy it back. Kept my longs in NDX, SPX, RUT. Sold all BAC and UYG this morning and then rebought BAC Nov 17.5s. UNH was the only dud and I sold it in a panic this morning. It was actually the right thing to do. …
Top Winners Today, S Sprint and DRYS
Two of my best trades today were S – Sprint and DRYS. I’ve been long Oct 4 calls (sold most of my exposure in these today for gains of 100% and 87%), Jan 7.5 calls (are only break even now, but S catches more bid activity these should too), and even had Sep 4 calls …
If Market Is Going To Move Down We Need More Proof
I’m short with EEV, SDS, SRS, and heavily short via long inverse 2x SPX fund and medium 2x RUT. Made 1.6% in the SPX and 1% in the RUT. I’m avoiding the COMPX/NDX until I get some sell signals there. I need more proof if this market is going to go down before going up. …
SPX Opened 1 Penny Below My Level To Be Bearish
I’m looking for a test of 931.76 on the upside or a break of 919.53 on the downside. The break and close to the downside is an automatic test of 903.80-906.83-907.39 A break to the upside is another test of 942.46-944.74. Below 903.80 is another level of 893.06. I don’t think the market will slice …
