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Friday, May 27, 2011
CCIX Close The Trade at 10% profit, Soybeans, Copper
Cable and Euro both indicate Dollar may see strength, that would mean equities down.
See other post the VOS volatility ratio, my own custom indicator, is very strong in saying volatility is about to increase a bunch.
Black Swans don't rest on the weekends, in fact while Joe Six Pack is out bragging about how he is a genius for staying long in his 401K, those swans are eying up his front yard as a spot for a massive dump.
That said, closed up some nice ES longs for 30 ES points, and will close CCIX, stop in place for a 10% profit, but it might even run up more, so I will give it a short lease.
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