One of our members turned me on to this site but it is very helpful for keeping track of events for overnight positioning as each piece of news breaks how it affects that countries market affect its currency which affects the dollar which affects oil.
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As you know We covered and reversed our position at 60.02 and have a sale targeted at 62 mainly because of tech. reasons but two k is a nice round number my oil trading saved my equity account which was accumulated from profits from oil trading and I do not wish to reduce my net worth I chose undervalued stocks like x as they can be systemically(not always) hedged with oil when necessary and when the market is unsteady it is easier to pull the sell button when you are heavy long he steel group
My favorite stock is rimm as you might remember I used an 80 Put and got out just in time as it was a clear exercise by expiration -I took a shot at 68 and got out almost even I see it touch 63 but Ive sen this touch 36.x so don't underestimate how far down they will take this one use calls
around 60 or buy stock buy put (synthetic call)if the pricing is more favorable.
Ninja charting has failed me I blame the jinx on one of my favorite members since I never had a problem until I told him about the program - a conspiracy theorist might say they did it on purpose because it was free.
Members got a direct email worth money today i was on that EIa I hope you boys and girls listened! Everyone has an off day once in a while and yesterday was mine obviously.
and drop an email chrgr06@yahoo.com to schedule
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