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  1. phil
    April 4th, 2014 at 12:36 pm

    Nice ride down on the Dow, stopped out at 16,450.  Now we have /ES 1,872, /NQ 3,556 and /TF 1,154 (WOW!) after just testing 1,150 (WOW!!!).  I don't even want to call this anymore – this is as good as we could have hoped for so best to just rest the weekend now. 

    In the STP, we have 30 short TZA April $19 calls, now .15 and up $1,440 so let's kill those and take our 30 short April $15 puts off the table as well at 0.23, those are up $1,260 and we have 70 of the July $15 calls at $1.81 average and those are now $2.44 so let's cash those too for another $4,410 profit.  

    We're still bearish on TSLA, FAS, GMCR and Oil (SCO) – so we don't need to press TZA over the weekend.  Maybe we catch a bounce for a good re-entry.



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