USL

Will start building a position in USL on any weakness. Also on any extreme weakness on USO will buy long dated calls. For example if USO is to reach below 29 will buy the $28 jan 2011 calls.

USL is the long dated or 12 month futures fund for crude oil.

Closing Shorts

Closing all my short positions all cash except a small portion of TBT long

TBT

Hedging my first TBT purchase with some TBT september 32 puts

Flush

There needs to be a flush before i start to get long

Facebook

This was an interesting article that reinforces my idea that Google is doomed.

http://www.cnbc.com/id/38776145

AAPL

Clearing half of aapl for $10 dollars in profit.

Clearing 25% of CAT for $3.00 profit

Clearing half of MS for $1.5 profit

TBT

I bought a small portion of TBT at $31.50 i have placed a ladder of orders to $29, and an alert to purchase the 2012 $30 calls if TBT hits $28 dollars a share.

DZZ

Buying another small portion of DZZ

TBT

Starting to look at TBT again will keep you posted. For now if TLT hits $110 i will make a purchase of TBT

Lotto Tickets

Purchasing 10 GLD august $115 puts for .16 each. If we get a run in gold could have some people running to the exits on this one. Sleep tight gold bulls!

DZZ

Shorting some Gold this morning with the ETF DZZ, been waiting patiently and will add to the position on any weakness

Job Numbers

Looking to fade the job numbers today, meaning i expect a surge higher after the number is released. This could provide an opportunity to get more short. If that doesn't happen i will stick with my current positions.

Short select stocks and long the Dollar

CACC

Placing orders to short the above stock at $58, $58.5, and $59 dollars. Doing 100 share increments and looking for a crash in the stock. There has been heavy insider selling.

Staying Short

My plan is to short my selected stocks until the SP500 makes a temporary break of 1000. I will then cover GS, CAT, AAPL, and MS

I am currently long the dollar through UUP will keep purchasing whenever UUP gets close or breaks through 23.

UUP

Buying UUP and far out 2011 calls in the money strike.

The Dollar

Looking to buy the Dollar. ETF funds have become more and more disliked. The social mood is not right for them. The have become unusually depressed. This has made me more likely to buy them at these depressed levels. Buying UUP 2012 january 23 dollars and 22 calls on any weakness. Will most likely purchase most of them after the jobs number. There is no way to predict where the market trades short term. This makes it extremely difficult to time things to an exact point. Maybe the jobs number creates an extreme short term.

GS, CAT, AAPL, and MS

Shorting all of the above stocks in equal share amounts. 100-200 shares depending on the size.