Thursday, January 20, 2011

Trade #2

Maybe I should have held on to my last trade a little longer, lol...anyways, we're looking at at least a correction, possibly a new "story" (e.g., from double-dip, to QE2, to stronger growth, to ?...etc).  I like to use oil as a macro trade because its volatile.

Short WTI crude @ 90.75 using 2x short ETF on margin ---> SCO @ 10.24

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