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Still tied up with new projects.

[Mid term - Long Term]
If we see 4.00 this week, I'll be adding to the short [yet again]. As of now, no position change (short @ avg 4.07). LM vote on split,...

Zero time to post.

Zero change in position. I'll take the hits while I wait.

Just to make sure we use the current/correct information.

Still starting new projects so I won't be able to post (as much). Still short at an avg of 4.07. One of my new shorts was covered at a...

3.29 to 4.20 fib confirmed with the 50% hit. Stopped out of one of the 3.57 sell only. Back to a 4.05 avg. Plan stays the same other than a time frame shift. Probably pushed beyond the pension money...

Need to go with the 4.20 to 3.29 fib. I'll take the .05 hit on the call, got get it there to sink the putt anyhow. [Hind Sight] makes sense with the top end of the 3.36-365 range. Press it with a...

Second sell(s) fired off @ 61.8% (3.575). Now we wait, how long not sure. We have some money flows coming in to the market mid March ('forced' buying). May need to get through that before I see the...

First sell fired off ~@50% retrace (3.52).

I need to add, 1-3 weeks is a best guess. Not going to worry if it takes more or less time.

I may go short for a trade and long for a trade at anytime, when I am referencing the main short position I'll reference the average price for clarity. I probably won't be adding to 4.07 avg short...

I hedged right after my 11/16 post which laid out the plan. The avg, at that time on the short was 4.10. I followed the plan exactly as I laid it out, sell the hedge into/on the HS announcement.

Did not get a chance to short @ the 38.2% retrace, I'll split the sells in two and be happy with getting one. First one will fire off at the 50% retrace (or above) and the second, if it gets there,...

I am actually pretty happy with that 2.75 call. I have a feeling you won't be. Don't worry, you have a 50/50 chance o making money in the next 6 months on your last two. You also have a 50/50 chance...

ok mr 'makin bank'

Covered the short from this trade this morning at the open @ 3.35. Round Trip, net .14. The [new] gap that was created @ the open has been closed. Struggle to hold @ the 23.8% (3.40), using 3.74 and...

Wti hit another 52 week low, Japan is in free fall. Negative rate fail. It could be a really interesting Thursday, a lot of time for a sick save. Would need to come from Europe as China is still on...

Lighten up Francis.

If you followed the trade, part one is complete, long into 3.40 gap. I would hold on part 2, short against it, until Yellen is finished with her testimony. Only to see the market reaction, if any....

Little covering into the close, Yellen text comes out Pre-market (8:30). She speaks @ 10:00. SIRI should close the gap today, to convenient of a set up not to.

Edit: ..or not...

It's pretty clear that Francis Underwood will win the election.

Excellent perspective.

Yellen tomorrow, lip service to taking March off the table we get a good bounce, but it will be sold a few (2-4) days out, probably as China comes back to trade. If it is...

Depends, to prevent us from going lower over the next 3.5 months, yes it is no longer relevant. 3.35 is Just a point to trade off of. From a short term trading perspective, there is probably a gap...

Just a pause, it mostly means you would be able to get some trades in using 3.35 as a 'predictable' support level and the broader market may not even allow that. But, if it holds, 3.35 probably won't...

It is getting ugly, need to take back 3.35 or else we can assume that most of the collateral has been released and no longer any reason for the to protect it and the other call levels. If that is the...

Just a little update, still short. Avg is currently 4.07. Down from 4.10

Yeah, we should hold it for today. They will make another run at it, probably in the afternoon, but it should hold.