Wednesday, July 29, 2009

wrong again dumbo

Well Oil finished the day on its lows (or really damn close) and stocks finished the day near there highs...go figure. My shorts in the market made small money I have the $20 strike buywrite on in SCO, some of my arbitrage positions made money and overall it was a slightly positive day for the home team. Heres the problem im still short the broader market and the underlying strength in the S&P and the relentless bid in the futures is undeniable...hmmm

Must be because the economy is humming along so nicely

JB

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