http://www.stockrake.com

I’ve been saying it for awhile now, that the Euro is at best, going to par with the US dollar, but honestly, its probably going to be tipped in favor of the US dollar at some point down the road. I sold my DRR this morning for a nice gain, but bought the EUO back later in the day. The reason I went to the EUO was that it seems like its gaining more popularity as its a ProFunds etf and may be perceived as “more trustworthy” amongst traders due to the already successful ETFs ProFunds has brought to market.

Bottom line for the Euro is that its very MacGrubered and won’t be surprised if sometime in the future it blows up.

Lets talk about volatility today. Wow.

I will get short XOM again, on a bounce. I want XOM along with the SPX to create a bear flag.

SRS Volatility – No position just highlighting.

ERY Ka Ching

I bought at the close DRYS March 5 calls and EGLE March 5 calls based on them both plus other stocks in the Dry Shipping stocks sector being oversold.

I also could get long all the inverse etfs again, I just want a small bounce.

Related Posts