My Life My Trade

FAZ sold @ 19.63

SRS sold @ 9.08

TZA sold @ 11.43

At a minimum we should see 14.750 and there is a good chance we will see 14.550 soon.

Shorted RIMM, AAPL, GS, OIH, FCX with ATM Sep puts.

Downside SPX targets are 970, 935, 870 before Sep Opex.

Target for GS – $130

Target for RIMM – $50

Target for AAPL – $130

Target for OIH – $80

Target for FCX – $40

Fading the AH pop resulting from some “John Paulson” dude buying 160 million shares of BAC.

Stopped Out