Thursday, May 26, 2011

Dolemite Pre-Open Position Update

I resold EuroUSD as posted here.

I am still short my 2 packages of semi conductor stocks (long SOXS) as a way to play being short Nasdaq. The reasons are here

I am still short crude (though I am white knuckleing it a bit)
High today was 101.90. If we crack 102 I am out and will look to resell at 103-104
You can read our recent crude thoughts here.

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1 comment:

  1. DolemiteMay 26, 2011 at 11:52 AM

    Update:

    Covered my oil at 100 for a scratch and covered my euro at 1.41 for a decent winner

    Still short nas and looking to add right now at 2325 and puke it all with a close over 2330

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