11-19-09

Well whoever bought all of those USO puts is gonna be happy this morning with oil down two bucks. The order was for 1200 november 40 puts. Very risky play but confirms that there are people who know what is going on before it happens. My job is to ride the coatails.

The boyz at goog were selling like crazy yesterday. The CFO sold 100 million in stock.

GS, AFL, IAC, TUP, and many others were being sold like crazy also. The highest daily dollar amount i have seen.

Still have yet to figuire out why the REITS were doing so good into the close yesterday.

The Nikkei sold off hard last night. Europe is down pretty good also. They are about 2 hours into trading at this post.

Looks like the Dollar is up and Gold is way down along with oil. The Gold miners are the ones really taking it on the chin.

My short portfolio should be way up at the open if all stays the same.