Wednesday, July 29, 2009

ECo-cal and Dis comment

:00NZDRBNZ Rate Decision2.50%2.50%2.50%
23:50JPYIndustrial Production M/M Jun P2.40%2.50%5.90%5.70%
23:50JPYIndustrial Production Y/Y Jun P-23.40%-23.60%-29.50%
7:55EURGerman Unemployment Change Jul43K31K
7:55EURGerman Unemployment Rate Jul8.40%8.30%
9:00EUREurozone Economic Confidence Jul75.173.3
9:00EUREurozone Consumer Confidence Jul-24-25
9:00EUREurozone Industrial Confidence Jul-30-32
9:00EUREurozone Services Confidence Jul-18-20
12:30CADIndustrial Product Price M/M Jun-0.10%-1.10%
12:30CADRaw Materials Price Index M/M Jun3.00%2.20%
12:30USDInitial Jobless Claims588K554K
14:30USDNatural Gas Storage71B66B

there is some news coming up tomorrow that will obviously cause the markets to move
oil and natty will be paying attentiin to the gas storage number on top of the joblesss claims


I hope everyone sold today maybe some sold ahead of the EIA the low risk play was to wait
so that is what we did you had lots of chances to sell after the announcement it wasnt close
it is not like you had to scratch your head it was 5 mmb bulge so obviously hit the sell
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As far as my disney call I just got done reading a yahoo finance piece that gave a poor outlook on the disney numbers I do not really se it that way but Because the question was raised and since we both bought stock and the aug 25 calls at 1.5 If we get a pop to 26.5 the safe move would be to ratio 2/1 calls to stock and you will make money at that point in either direction if the stock goes 2 points









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