BreakOut Posted February 5, 2012 Report Share Posted February 5, 2012 I'm glad I dumped puts on the backiss to 1300. Offsetting that, at least, were other puts from 1332 down to 1313. After that, my only market move of the week was raking in obligitory profit on the natural gas obligatory double bottom bernce. Went with HNU in Toronto for the leverage. $4.20 fill at the open and sold for 4.71 and 4.59. Other than that, hey, how about that small crap stuff. Lookey thar. Bombs away! I bought SPY puts 5 minutes before the close on Friday. 135's and 134's. "Paging Mr. Elliott, Mr. R.N. Elliott. Please pick up a customer courtesy phone." Link to comment Share on other sites More sharing options...
DrStool Posted February 5, 2012 Report Share Posted February 5, 2012 Scenarios for an Israeli Attack on Iran Link to comment Share on other sites More sharing options...
BreakOut Posted February 5, 2012 Report Share Posted February 5, 2012 If Elliott is going to show his bearish face, we be there. Link to comment Share on other sites More sharing options...
Jetlag Posted February 5, 2012 Report Share Posted February 5, 2012 Chinese retail sales slowing down to a catastrophic 16% growth rate. "Holiday sales on the mainland grew 16 percent to 470 billion yuan ($75 billion), the slowest pace since the 2009 financial crisis and three percentage points below last year’s increase. China is finding it is not immune to global economic forces and the slowdown is hitting Chinese consumers, who may increase this year’s spending at a slower pace than in 2011. " "China’s economic growth, hurt by a property market slump and slower export growth, is poised to weaken to 8.5 percent this year from about 9.2 percent in 2011, according to the median estimate of economists in a Bloomberg survey. " "The momentum is not exciting,” noted Macquarie Capital Securities anal cyst Linda Huang. " "Macau casino revenue growth may slow to 22 percent this year from 42 percent a year ago, said Victor Yip, an anal cyst at UOB Kay Hian Ltd. " http://www.bloomberg.com/news/2012-02-05/china-s-lowest-lunar-sales-since-2009-seen-dimming-asian-outlook-retail.html They better cut rates and capital requirements... Link to comment Share on other sites More sharing options...
DrStool Posted February 6, 2012 Report Share Posted February 6, 2012 Employment Data Saga Continued: Krasting Says Larry Summers Misstates; Stockman Says It Goes Deeper Link to comment Share on other sites More sharing options...
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