Wednesday, February 10, 2010

Weathering the storm

Reports are for a "snow" day in New York, so don't read too much from today's action. The ride has seen volatility rise. Overall, I still believe that the stock market trend is for lower lows. However, it is not going to be a straight down hill ski run. I am looking for an entry to roll the TLT short puts so that I continue to have exposure.

Long GLD, TLT, TM
Short SPY

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