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Wednesday, September 22, 2010
HBB Banging the Tape Around
Well as the tape bangs around, why not have a strategy to profit from that?
I bought QQQQ 49 puts and calls yesterday. Then set "Stink Ask" prices to sell them off at....not too stinky, just likely to get hit on a big banging move by HBB. Even the currency wars have the oomph to move the market quickly and deeply.
Decent breakout on Feed Long, Taking good volume
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Insightful and Useful Comment!