Sunday, December 5, 2010

12/04 Daily Summary

Things got back in shape during Friday's trading session. Volatility actually deflated even further and the position is showing great recovery, back at B/E level. Now Mr. NDX, you will work for me on Monday, here is what I want you to do: Open lower, around 2155, then trade back up to 2160 just to deflate the vols, stay there for most of the day and let market makers fill me on my exit. Thank you, see you then!

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