ajtj99's Market Pulse

[jdaasoc]

Do you think FCX got some legs as part copper / part gold play or are all metals tarnished as equity markets slip rapidly until next FED rate cut.

I having trouble reloading financial/ retail short equity calls as fast as they lose value form 20% to 1% maintenance requirement.

I going to stop writing new short calls as soon as we pass below 1430 S&P. Falling another 5% fall from here will bring a rate cut induced reflex rally. In which day it occurs can not be foreseen which is oly thing that gives me caution.