Wednesday, August 22, 2012

GLD Interesting

You know I have short and Put positions open in GLD, GLD did move above that triangle we talked about earlier today, this is certainly an interesting level to consider GLD.

USO isn't seeing the kind of momentum I would have expected with the $USD down, perhaps the relative weakness in USO is picking up as well.

AAPL, the door is open, we'll watch for the shutting of that door.

I'm going to look at the risk asset layout, should be interesting.

Remember-KNEE JERK EFFECT.

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