Thursday, December 10, 2009

DIA 10 min 12-10-09 - A New T Was Formed and Then Expired



A new T formed after I had initiated a short position in the large cap ETF's.  I had a nice profit in my positions in BGU and BGZ and did not take the profit when I could.  I still have a profit, just not as much as I did yesterday.  If I were paying closer attention I should have noticed the new T forming and then taken my profits but life is not always that easy.  Since we have another expiring T I added to my market short position in the following positions:
Sold Short DDM @ 43.74
Bought DXD @ 29.69













6 comments:

Anonymous said...

Makes sense to that we dip in front of the fed.

Cal

Anonymous said...

Any thought despite T's that we'll stay up into Xmas or even New years?

Jim

Anonymous said...

Wondering the same myself or at least up into Wed.

Cal

Anonymous said...

I have a bad feeling about this.

C

Anonymous said...

Well, as suspected up into the Fed. So far anyway.

Cal

Anonymous said...

Up Fri?

c