I was buying last week, moving on some options, and I AM READY for Oil MADNESS.
I have some DUG I'll hold on to until the premium runs out, JUST in case, I sure wish I had a Working crystal ball. With the Volatility, a straight up Straddle is a pure winner, but I like to weight one side larger. I'm in play with UYG as well, but DIG should stretch farther. In the Roth's, I'm scaled back, I just trade for the freebies, and run with them, no way I'll be all in for a while, unless Oil makes a multi-week move(do stocks even do that anymore), along with at least one other sector.
Asian markets kind-of flat(little bit perky), I fear for late morning for my Solar stocks(cheaper than ????).
Tech, AAPL could Kill it, or Run it tomorrow, I was bearish on GOOG, RIMM crapped out, I'm mildly on the bearish side, SO!!! Oil is it for TODAY, and SKF, TWM, and FXP on the turn. I'm not sure how many shares I'll hold in the financial's by EOW. I'm looking great in WFC and GS, puts were getting cheap EOD, maybe cheaper sometime tomorrow for some Nov. and Dec jobbers.
Can't wait for the open, should be a busy day. The crowd will come,lol. I will sell often, and be long gone before a hedgie can crash the party.
GL
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