MyBlogLog

Note: I closed FCN , and LLL ...and added calls on CELG and puts on TSL .

In the discussion board on the left hand navigational column, I have started another discussion based on the recent samplings of the OA market sentiment. If you'd like to participate, click here .

Yesterday I was stopped out of VLO , and I reduced my positions in WFR, LH, FLIR, RYL ahead of earnings. I also picked up a few contracts in LLL, DKS, and WBD . At the open this morning, it looks like I am not going to have much use for LH, FLIR, or RYL..

Despite being what seems like a mediocre day, there are some critical technical points that are at risk. Crude Futures- Look at the fibs here... BKX- Not quite a retest, but close... XLF- Up against the prior lows... I have been called away for the...

The oil trend is broken, and stocks push higher. I have decided to modify my delta neutral/delta negative account status, and get long. I am going to start small, with my long positions set to make up 55-60% of my capital invested, and short positions...