Monday, July 11, 2011

Taking a dive

Indices dropped in pre-market and continued to do so during regular trading hours. No late day rally and prices closed near their lows, which could mean we'll see more downside tomorrow.

I sold my VIX-calls, bought 07/01, for a 66.6% gain.
As said before, I gave TZA-shares another try, buying them with an average price of 33.10. Let's hope for a follow-thru day tomorrow.

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