Wednesday, March 11, 2009

ProShares Ultra S&P500

SSO

I HAVE A SMALL POSITION IN (SSO)

REFLECTS: (200%) the daily performance of the S&P    VERY SIMPLE  : IF WE HAVE A MARKET RALLY

SSO WILL DO WELL, BUT “JUST IN CASE” I SOLD COVERED CALLS (MARCH, AT $16.00 STRIKE PRICE)..

IF YOU DO WHAT I DO YOU COULD LOOSE MONEY. ACTUALLY, IF YOU DO JUST THE OPPOSITE OF WHAT I DO  YOU COULD MAKE MONEY..OH WELL MAKE UP YOUR OWN MIND…

GO FOR THE GOLD

MARCH11GOLD

MY FEELING IS  “GOLD” IS GOING TO TRADE IN A

CHANNEL BETWEEN $895.00 AND $1000.OO

AN OUNCE. RIGHT NOW I DO NOT HAVE A GOOD FEELING ABOUT THIS TRADE  SO AM JUST STAYING AWAY.. MAYBE I WILL WATCH

(GOLDFINGER)

 

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