There is some serious volatility happening due to quad witching. I’m getting burnt on the KWK posiiton which I just cut for a 5.3% loss. Two days of trying to trade it equaled two losses.

SRS also filling its recent gap down to 92, but I’m hanging on.

Short in the indexes and getting hit today on the phantom rally off Dow 12k support and SPX 1335. The question is will it continue or end here?

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• September 14, 2008 -- Futures Don’t Look So Hot, Happy To Be Short

Thanks for reading

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