Wednesday, June 25, 2008

So far we have oversold bounce

carried over from yesterday's close - $TICK was -600+, $TICK/Q was -1000.
Closed some short oil related and few long positions.
(OIH) puts performed admirably, knock on wood...
Taking the rest of the day off, most likely will be going long on (QQQQ) during Thursday's selloff.
Count "the waves" after today's 2:15 lips service - the THIRD one is the right one.