FAS

Putting 5% of my net worth into FAS. The banks have tons of cash and have been sold hard long and first. An intraday reversal for today is imminent.

Deflation to Hyperinflation

I think we are starting to see a momentum shift from deflation to inflation. Last week could have been the last time to buy oil under $70 dollars again. Don't know if that is right or not but we will see. Yesterday i told my wife that when we are 60 we will be talking about the oil purchase we made when it was at $67 dollars a barrel. $250-$500 oil is not out of the question. Oil is used in a lot of stuff. If you want more info please search peak crude theory, by Jeff Ruben.

I think the TLT could hit $87 very quick. I have orders at $88, $87, and $86. When TLT hits this area i will sell my TBT.

USO is a longer term play. Someone was asking me the other day for a longer term play and this is it. Do not play options with this because timing must be correct for this to happen.

I sold some spy puts on time and spy calls to early. If i get called out of spy it won't be a bad thing. I collected the premium for the option and own the stock.

Nicaragua has been raining cats and dogs lately. They are out of a drought and the bull market for natural gas is just starting. I have a small position in UNG and SD.

Selling Spy Calls

Selling covered calls against spy

Raising Cash

Selling equal amounts of TBT and USO

GLD and the market

I am turning into a huge gold bull and i think there will be a awesome buying opportunity soon. I am holding a very small uso, spy and tbt position. Looking at selling some spy puts very soon.

Auction

They are selling treasuries today and bonds are trading up this morning. I wouldn't want to be long bonds after this.

SPY and TBT

These are two of my small positions that i am a little red in and starting to wonder if short treasuries and going long the spy was a good idea. Purchasing a little more TBT today and buying a little more spy. May do a large spy trade today intraday, think we could see some weakness and a short term swap.

BIDU

Selling BIDU at $70.47 this morning. I am feeling very bearish today even though we are extremely over sold. Looking very close at TAN. This is a fund of solar shares that are so beat down.

Staying Put

Been holding very small positions here and still long but mostly cash.

If we gap up on monday will dump BIDU

TBT

Buying some more TBT

BIDU

Buying BIDU here at $68.08

TLT

If i still had my large TLT position i would be selling covered calls on it today

UNG and spy

Buying some ung here at $7.15 have orders to buy down to $5.50

Bought more spy on the open for $109.2

Euro and Oil

I think the euro is done going down short term. And oil is a screaming buy here. You may never be able to buy oil this cheap again.

SPY

Getting long the spy here at $111.75 will purchase more around the $110, $109.5 area, if we even get close to that.

TBT

Purchasing the may 22 $40 calls

Small Sizes

I have been getting long here USO, TBT, and GDXJ on this trip down. Been buying real small sizes. USO i have been purchasing in 20 share increments

More TBT

Bonds look like a great short here. Buying some more TBT

Selling USO Puts

Selling the $33 dollar may 22nd put for USO at .5

TBT

Buying a little bit of TBT here. Looking for $45

Gamblin

Looking at a pure spec play for the week. The USO may 22nd 35 calls for .38.

Small Size USO

Building a small position in USO

Large Cash Position

Currently i have less than 15% invested in the market. I am looking to reload on TLT below $88.00. This market could make new highs. All in all i have a large cash position and i am looking to buy weakness in commodities and bonds. Also looking to create a large oil position. I am crude oil BULL longterm.

BIDU

Selling my BIDU here this morning at $80.40. Will rebuy on any weakness short term.

BIDU

Looking to get long BIDU after the 4 for 1 stock split. Any weakness will swing some shares. Probably a 200 lot because of the volatility.

GLD Calls

Gonna sell the GLD calls on the open for a nice gain.

Take a look at AUY and GDX. The miners are starting to run.

Why i closed my shorts

Simple, The vix closed at 41. Who in thier right mind would stay short with so many puts being bought. When all of those puts are bough people are not inclined to sell. They can hold the position knowing that they have insurance.

I made a fraking boatload on those jan 2011 TLT calls. I had 20 of them at $3.oo bucks and sold them at $7.50. Yeah boy. Now if i can make my BIDU money back that would be freaking awesome.

Watching asia right now and looking to short intra day extremes for daytrades. Almost all cash.

closing all shorts

closing all short positions here. including TLT

BGZ

Adding to BGZ at $15.60

MT and AMZN

Closing MT short and AMZN short

GLD

Purchasing some June GLD calls the june $118 for about $2.05 only 5 with this lot. Gold could hit $1300 with this strength

BGZ

Stop at 15.3

BGZ

Bringing stop to $15.02

YHOO

dumping yhoo for a loss

BGZ

Picking up some BGZ at $14.9

USO

Building a small position in USO

Pit Bull

I bet ole Buzzy is laughing his ass off. This was very similar to what happened in his book.

We are going to see some kind of distribution on rallies. I feel very strongly that shorting rallies could be good intraday trades. I am going to day trade a lot in the next couple of days.

Fund Flows

There are going to be a lot of ordinary people wanting to get out of the market pretty soon. This will create some very good buying opportunities. Be patient and don't shoot all of your bullets right away. I am looking to invest heavily in some commoditie funds here very shortly.

AUY

Buying yamana gold on this dip

Sand Ridge

Buying SD at $6.87

FPL

I own a little FPL since it was at $48. I bought more at $47.50 about 3 months ago. Today it is showing strength. Going to sell calls against the position. Selling 3 of the may 50's for $2.15 each. If i get called out it is ok. Reloading FPL at $45 could happen in the next 6 months

TLT calls

Selling some more TLT may $91 calls for $4.00. Could get called out of my TLT holding which is fine. Collected the dividend and want the cash for an upcoming extreme event.

FXE

Going to purchase the EURO here with FXE. Using a $2.00 dollar stop on 50 shares

VXX

Selling some of my VXX here for a small loss

TLT

Sold the TLT calls at $3.40

TLT

Going to sell some calls against my TLT position. Will wait and see if TLT has strength this morning. Looking at the May $91 calls. Would like to sell 10 of them at $3.30.