Thursday, June 17, 2010

Daily Reflection: 06.17


The VIX (Volatility Index) has pulled back which brings up the idea that there could be some sustainability to this rally. We are expecting a bullish OPEX Friday and a selloff to the 20MA next week. This will provide a great opportunity to put on new positions, both long and short.

Took profits on some GLD, looking to grab more if it dips to $120.

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