Tuesday, December 1, 2009

Shorts

I added to my very red short position here and also bought UUP calls $22 December at $.20.

We are up against tough resistance here and believe even though we have a rally going into a full moon or at least a bottom it won't work here. The news on AIG was read yesterday ,but i doubt it has hit CNBC yet. This will be the straw that breaks the camels back.

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