December 12, 2008
by Ryan Barr
I’ve closed my
FXP(35.81 -0.34),
SDS(32.00 -0.67), and
SRS(21.21 -0.55) positions. I’ve opened an
SSO(36.76 +0.76) call position for January as well.
As expected, it appears that President Bush is going to tap the TARP money to bailout the auto industry. I’ve taken advantage of the low open this morning and scalped a bit of profit. [...]
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December 11, 2008
by Ryan Barr
Well look at that. Senator Reid decided to make a few comments this evening and the futures market seems to have absolutely fallen apart.
Today I closed out the majority of my longs and went into the following positions in my personal account
January Calls on
FXP(35.81 -0.34),
SDS(32.00 -0.67),
SRS(21.21 -0.55) and a
QLD(57.78 +1.50) hedge. [...]
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