Thanks, Flea. The profits are nice, but the ego strokes are what it's all about -g-
There's reason for the consolidation day today in dmw, imho - for one thing, it's been a double since Monday and a lot of short-termers will be taking profit ... for another, this is the level of the .30 warrants, which will be an overhang factor until exercise or expiry ... also, the mid-.30s saw a lot of trading in the March run, so that looks like a resistance level. For me it's a position trade, and imho the market has not caught up to the story, but i do have a small ask in, if it goes i'll put it back on the bid in the high .20s ... just playing around ... bought a little [more] xcl this morning, but not for the short term, just as an option on gold without the time decay, and with an inverse head and shoulders pattern in the making imho ... when it goes through its resistance at .22 i'll post it as a momo puppy ..... looks like the Dow and Naz shorts have got momo at the moment ... friend of mine only makes one trade - short the spoos - he is cackling today, figures he's gonna get his fortune[s] back ... and he just might - quote.yahoo.com^DJI&d=1d
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