PM update (3):
Oil hits 128...we can only stare in amazement, a one day move of 23%. That is for the October contract which expires today. The November contract is at 109. The same pain there for expiration shorts than SPX on Friday.
NDX/QQQQ bravely trying to hold the lows.
This entry was posted
on Monday, September 22, 2008 at 9/22/2008 02:20:00 PM.
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9/22/08 4:26 PMDid take a small out of the money call position on Gold based on your hint which complemented nicely my own analysis... Happy camper :=)
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