The call is 25% long Emerging Markets and 75% short Rut.
I will trade at 70%.
The Domestic call has the bias.
Should not need to update unless the market climbs a lot from here.
I can not see how tomorrow will be an up day, being Friday.
Thursday, May 20, 2010
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Agree with you for Friday,..biased long SP500. Solid Put/Call ratio today (Thurs),..lots of fear,..should be supportive for upside move on Fri. Thanks.
ReplyDeleteBest Regards, Jim
Actually I'm looking for a down day...I would agree with you if it wasn't that tomorrow is Friday...I don't think many traders will want to hold over the weekend.
ReplyDeleteSorry,..I was rushed,...thought your RUT bias was long....my bad. Still, I am long for Friday,..we'll see. Either way,..best of luck,..hope your trades work out. Have a good evening. Regards, Jim P.
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