Wednesday, February 22, 2012

VIX

Starting to build a holding of VIX at $17.50 and below.

Wednesday, February 15, 2012

$5 A GALLON!!!

Experts are predicting gas could hit $5 per gallon by this summer. GasBuddy.com predicts a national average of $3.95 per gallon by Memorial Day, with prices as high as $4.95 for the Chicago area and $4.60 for Atlanta by that date. The reason? A combination of tensions in the Middle East, big refineries on the East Coast shutting down, and big demand for gas in Asia. Prices rose 13 cents in the last month. In Chicago right now, gas is averaging $3.57 per gallon. It is $3.64 in Charlotte, N.C. and $3.88 in Los Angeles. The current average in Dayton is $3.23 per gallon, and the average in Cincinnati is $3.25. Well we will see soon enough I am not that convinced but one ex-CEO of a major brand did note in December we would see it so I would take his word over experts- This will turn into a political point so we careful in a election year what they will do to prevent it.

Tuesday, February 14, 2012

RAX

RAX blew out earnings and moving again to new all time highs- Great call, wish I held a piece over from last week. Oh well next I am eying two more plays which I think will go nicely like RAX and CLR. Stay tune

Friday, February 10, 2012

Oh my ZOLL

Running to new highs in a down market- Guess I should have just scaled on that so I had a bit left- Looks like that wants $78 pattern still active. BINGO

Thursday, February 9, 2012

AAPL

Apple stock is just too much to comprehend- As of today I will no long look at this CULT stock and it defies all technicals :) I guess it will stop when it gets to $1000 :)

Wednesday, February 8, 2012

Longs

Out all longs--- Just holding some Puts on the Spy very small 1/4 lot.

CLR- Out

Scaled out rest of CLR on second target $83-