Tuesday, October 6, 2009

October 6th - Stock Market Review - Update

I purchased some QQQQ 44 put nov at 2.73 and some SRS at 10.19 . I will buy more at any rally.

October 6th - Stock Market Review - Update

I sold the QQQQ 39 oct call options at 3.01 with a 27% gain . It was a nice gain so i had to take it.

October 6th - Stock Market Review - Update

This is a 60 min chart, the QQQQ is at declinig trendline. I still belive we should rally untill 42.5 or even to 43 level and from that level probably will be a good place for a short tred.


October 6th - Stock Market Review

The market is above the 41.4 level , my target as i mentioned yesterday is 42.5.
The Gold is up today and we probably had break the 100 level , my target is 130 . My current open position are call option QQQQ 39 oct purchased yesterday and a very big position in gold.