Bulls Everywhere 10/11/2010


The market sentiment has turned decidedly bullish in anticipation of QE2. While this is hurting our short position we can't help but believe this will end badly. Still holding current positions.

10/01/2010 Load the Truck up!!!


Time to load the truck up with puts!!!
Gold is soaring! Talking heads on CNBC are tripping all over themselves to be bullish.

If Gold is soaring and the Dollar crashing, then why are stocks not already at 1200 S&P or beyond? Perhaps the future is not so bright so take those shades off! (Especially the rose colored ones).

Short Oct, Nov & Dec SPY Call spreads. Long Oct, Nov & Dec. puts. Long UUP, 50% short GLD. (Hope I'm right)