Friday, October 24, 2008

Made a Few Trades Today

Be careful today folks.(11:29AM)

I bought some QID and TWM with tight stops as we came back up on the DOW to the -300-350 area.

I think we could flush today or Monday.

The 10-year is up on a huge down day! This is a very bad sign. A bond dislocation could happen anytime here folks.

I also bought some gold calls here. This looks a little overdone. I set very tight stops on the short trades.

My gut tells me that investors are going to sell into the weekend. Lets see how we finish. The news flow is terrible today.

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