Beans up close to 1666. Corn up close to 7.70 in CZ
Manage winners. the SX 1620 calls are trading near 20 cents. Most were bought for 13 to 14 cents. Look at selling 1/2 of the position if SX trades to 16.00
Gold is within 7 bucks of the 1800 level. I still like taking profits at 1799. You Don’t want to lose 10 bucks on a flush trying to get filled at 1800.
Its 9:17 AM.
Once again, the Dow futures are flirting with 13,515.. I think Romney’s performance buoyed belief that if he wins, there will be a much better business outlook and in general a more positive outlook in general.
I would sell it here again, but I’d have my buy stops on in case we pop.
3 or 4 times in the past month, selling Dow Dec here has been profitable for 100 to 150 pts for a scalp.
CER
