Monday, December 13, 2010

12/13 Daily Commentary

Sold 2% SDS at 24.32.  Shorting SP futures at 30-minute close below 12.28.  This is the 30-minute, 90-unit M/A - .5%.  I still hold 4% SDS.
Short crude looks good.
Gold held at 1398 resistance.  Silver follows gold but with more volatility.
I'm in Albuquerque at a hotel.  The reversal at days end bodes well for a bearish reversal.  I'm light in my short position due to QE but ready to increase on 30-minute M/A break.

1 comment:

  1. SPX
    Air pocket....