Don’t expect much for today, sold out of TYP Calls (3x BEAR on the NAZZ). Started my shorting of BAC (bank of america), look for it to get beat down until mid-week next week then expect to cover. Don’t be short by mid-next week as covering will happen at the same time as an across…
TJ's Take » A Global and Urban Flaneur
Tag Archives: TYPOil above $66.. above the range it needs to stay in for the rally to continue ($58-65) Needs to pull back to $62-63 for another leg up and thus the rally will probably to do what Kass recommended 3-5% (light) correction (which puts S&P at 940’ish). Also, smart $ doesn’t like to chase. I told… |
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