Talk about a confluence….Rosh Hashanah, Ramadan, Rollover
The market was an ugly place to be….well at least after that morning run up.
Sure the Jobless claims were encouraging, but then reports came out saying it was all a big guess since several states didn’t have enough time to get their numbers in. Expect revisions next week.
DB needs money bad. Deutsche Bank Said to Weigh Share Sale of Up to $11.4 Billion.
And again volume was down…a couple holidays and index futures rollover. How screwed up was today?
I dumped some UCO when oil ran up in the morning and before it dumped on itself. I did take some of the profits and picked up some UCO calls when oil ran down….playing with house money.
Another low news day on Friday, with only Wholesale Inventories scheduled. Don’t forget, Options Expiration next week.




Sometimes, entranced by the screens, watching equities, options and futures change colors, charts moving in a wave, and indicators pointing in every direction, I just have to scream....


