Thursday, May 20, 2010

Friday's call.

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.

3 comments:

  1. 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.
    Best Regards, Jim

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  2. 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.

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  3. Sorry,..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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