Borrring!!!

I have not posted in awhile b/c not much is going on. We are consolidating into a nice tight triangle on all the indices that will soon break out. The rule is that these paaterns usually break out to the side of the trend, which is currently down. However, I am thinking that the break will be to the upside b/c of the level of negativity out there. I still hold FLML but am getting sick of that position. I continue to sit on my hands until something develops. I will post when I decide to take some action!

Closing OUT

Once again...earnings are just a gamble. I closed out the other half of my NYX @73. So I ended up making 1 pt. At least I took the other half off the table before earnings. Overall, it was a good trade. I am still holding FLML and waiting.

Taking half!!

Like I said in my previous post, I am taking half of my NYX postion off of the table going into earnings before the open on Tuesday. Out at 79. A good 9.7% profit but you never know going into earnings. Just updating