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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 …

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There are bad trend breaks everywhere. GOOG for one. I posted this chart to chart.ly near the close. After posting it, I bought 1 OTM call in GOOG. As I thought the risk/reward was worth it. It was. Even though the call will probably be near worthless tomorrow, the idea was worthy. Below you can …

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I took the index longs to cash Friday morning which ended up not being as smart of a move as just leaving them long till the close. However, I went back to a long position in the funds, thinking we get a currency related Santa Clause rally this week. By currency related, I mean reversion …

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Intraday I use a 60 min chart for stuff I feel like trading intraday which could be for options or stocks. I use this with stocks that often have big intraday moves, options on 2x etf’s such as SSO, or options on highly liquid stocks like BAC and AIG. With my daily chart I use …

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Posted last Friday: Posted Monday: Now this is the way it looks today: Now I’m short via my index 2x funds $NDX, $SPX, $RUT, SSO Dec 34 puts, TZA Jan 15 calls, TZA Dec 14 calls, and long TZA as well. I’ll be getting some FAZ, DRV, and various other inverse funds. If topside resistance …

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