Friday, February 19, 2010

Throw in the towel.

Currently my trading has been well below par. The bidu puts and brk/b puts have lost half their value. Currently i am watching the $VIX and the fact that Bonds have stopped going down.


What is worrying me from the short side is the Dollar. It is tracing out a perfect bearish divergence which could lead to higher equity prices. I am probably going to stay short through the weekend ,but i am feeling very uneasy with this position.

I feel like throwing in towel.

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