9:00 AM
The market had a good rally yesterday, but the volume is troublesome. MSFT had a good quarter so 4Q is running up almost 1.8% in pre-market. But again, the experts are expecting the rollover to the down side. So far, my positions are heavily hedged. The only worry is the SSO bought at $74 away too high. I will load up 100 shares of SDS at market open today, and hold other long positions including MOO and PBW. For aapl's call, I will add a put position once this bounce is done. I expect it to end in early next month.
My currently holding also includes a put of 4Q and QID. It is very neutral at this moment.
12:30 PM
The market opened higher, but going lower.
In the very short term, the market will go lower (hours); but in short term (days), the market wants to go higher. So take a chance to sell 1/2 of the short positions today and tomorrow.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment