SPDR S&P 500 (SPY): Well E, as I posted yesterday OIL was th...

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Re: euterpe1 post# 99867

Wednesday, 04/14/2010 10:55:51 AM

Wednesday, April 14, 2010 10:55:51 AM

Well E, as I posted yesterday OIL was the key for a further up move. Today, the drillers delivered. Sold SLB calls and locked in RIG calls previously acquired. Probably too early to go short on anything right now but, as I posted several minutes ago, in Europe (where there is less Gov support) there are already bearish signs.

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