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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Justinfo who wrote (65714)	11/6/2014 9:52:29 AM
From: Justinfo	Respond to of 220124

Would have taken a short if I was actually up during the pre-market pop. West coast timings and markets don't go together sometimes.. Not convinced we have seen the top here, would love to short (2040'es ES) a little higher.

To: Justinfo who wrote (65714)	11/6/2014 12:31:42 PM
From: lightfoot	Read Replies (1) \| Respond to of 220124

Justinfo, still looking like we go a little more up, but I've started nibbling on some cheap Jan 165 puts on the SPY, just as a hedge, maybe should have gone out further. And started a position in NUGT yesterday that is looking good, thought about selling it at $11.25, but looking for $12.50 soon. I'm way down on my long exposure, if I had time to day trade i would, but have obligations to help the wife with her craft show this weekend. She needs her fun too, I get fringe benefits, so it is a win win. The Oil stocks are popping and dropping making for nice trades, TPLM is jumping around nice on a daily basis, no one knows what the Saudi's will do next, the US producers are trying to draw lines in the sand. Maybe we just go all in ourselves and start exporting, start an old fashioned gas war! Hopefully reasonable minds prevail and we settle in around $80 oil and everyone keeps their high paying oil patch jobs. I am missing GZ also, what is it 10 more days?