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I tweeted earlier today that I predict some forex/oil mumbo jumbo will be the excuse for further market poppage. It looks like that is the case right now at about 12am est. I sold my GS today (wrongly so), but still made a profit on those 155 calls. The target was not hit, but likely …

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The question is which way will it explode? Still in reduced long positions, but bought a few stocks for a very short term pop in the market that I think is coming. If it doesn’t happen, then I’m selling and will sit. Bought DPTR, VLO March calls, PBR calls, SLW, YONG for short term, rebought …

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In the next 1-3 days there will be enough movement in the market to cause a reason to take profits. This is where the index longs will payoff and where I will be cutting back. Gained back about 1.2% in the RUT 2x. LEN overnight calls were great today with 85% and 64% gains in …

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I’m not seeing anything to doubt the upness of this market. Today was nice as I got paid for buying the Jan 30,31 MS calls. I talked about this pattern that was setting up in C and mentioned the same pattern was in MS. I sold half my positions in both Jan 30 and Jan …

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I rolled over to the short side at the close into the $NDX. I’m a little pissed about missing today’s up move as it was the cherry on top of what has been a fantastic uptrend since 9-1-09, which was the day I went long on this swing. Sold $FSLR calls for 19%, $PBR calls …

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