June 08, 2006

Positive?

Markets went positive and that seems a little off to me based on the close in Asia.

I have bought some deep in the money puts on SPY, FDX and UPS and a few others. I bought EWJ and IFN as well.

All my stops are extremely tight as the market could explode in either direction from here.

I won't likely post as I watch these positions for most of the day.

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