Friday, May 14, 2010

05/13 Daily Summary

Still a very choppy market environment, a 1 day standard deviation looks like nothing these days.. On the bright side, the 5 day vol spike chart may be showing some sort of consolidation is starting. That’s what I’m hoping for, as we enter the “hunting” season for JUN contracts.. I will be traveling to Europe next week, so may not be able to post for a few days. Plan on starting a position from there though, likely to enter on Tuesday. Cheers! I closed my accounting for MAY, ended up making a very thin profit, that was AWESOME considering such a wild ride!

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