Tuesday, March 22, 2011

Staying Put

ACAT is going through, again. Hopefully everything goes smoother this time. Hopefully I am back up and trading by the end of the week. Shorting the Euro looks tempting here. SPY seems to be stalling at 130. Timing on my trade was a little early. I added Apr VXX 36's twice at an average of about $1.56(should have been more patient into a rising market). I also added Apr TLT 91 puts at 0.69(I think there should be pressure on the long bond with oil still rising).

I am really looking for a perfect storm now. Looking for GLD higher, VXX higher, TLT lower.

If SPY gets above 130, I will re-evaluate.

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