Monday, August 10, 2009

history is history

Remember Friday This pullback is not a scary one and there is banter that we are in the AUG
doldrums I have been trading a very long time and most years (not last because of the crash we all had to cut vacations short) and probably not this year as we return
I have volatility plays on for cheap aug 25 synthetic in DIs for free it is a quarter but it is pretty easy to leg that on for nothing especially if you trade oil child's play really

I took profits too quickly but I had heard part of a story which turned out to be a non-event
so back to normal trading we wait for a rally today and We sell oil we lead from the sell side
]today