Strategy, Approach and Statistics

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Thursday, January 5, 2012

Go Short and Long Simultaneously

US market is outperforming the global markets. Watch out for the bounce back in MA, and XRT.

PFF looks like a perfect sell, but there isn't any good volume in the options.

It may be a good idea to simultaneously short the weak stocks and go long on the mid cap momentum stocks poised for a huge run.

Market will get direction if SPX crosses 1285 level or falls through 1260. Until then, it's range bound market between 1260 and 1285. End of the day push or Job numbers may provide a catalyst, or otherwise I am  expecting a direction next week.

Our open positions are at break even with only one day left in expiry.



Posted by at 10:23 AM

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