Wednesday, July 30, 2008

Weird Trading Pattern For MOT... Fake Rally IMHO

Well, i am expected bad numbers from MOT tomorrow. This and the fact that Oil spiked today will weigh on the market in general. So, i dont believe this rally at all. It was similar with OMX yesterday. This is just giving me cheaper puts...

It was a waste of time for me to add to my shorting of oil yesterday... i already had it hedged with an October option, i didnt need to add an august option. i learned with my wallet...

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