Monday, September 22, 2008

1:05 UPDATE ON SHORT POSITION

DIA short from 111.88.
Now 111.78 ask.

It has been nearly an hour and there hasn't been the kind of action to indicate that we should hold this position.

VIX is back down 0.65 on the day. Put/call is a lowly .48.

Close this trade here for a small profit.

This offsets the small loss from earlier.

111.66 bid now.

1:09PM

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