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No Volume Holiday Maniac Monday
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No Volume Holiday Maniac Monday

No Volume Holiday Maniac Monday

by MoleSeptember 28, 2009

Anna here gang

Well wasn’t that just a ton of fun, now if you rode up the rally this morning and took profits at the top good for you! I was in multiple bearish spread on the SPY’s so I did limit my loss, but then bought back the short puts to make a straight SPY 106 put position.

There was literally no volume, I believe some like 500,000,000 shares. that is nothing. So I don’t buy it for one minute, the only problem as Mole and I were speaking about was the MM’s were pushing down the IV on the options, so even when you should have been making some coin back, you notice they kept going down, that is how they manipulate the game to line their pockets! GRRRRRRRRRRR

That being said Zero has an awesome day once we got Mole to turn it on LOL. He understandably was still in holiday mode.  We opened up rallied, then nothing but chop the rest of the day.

Resident Evil ES +.75
Resident Evil NQ -4.75
Geronimo +4.25   (officially -but subs got a better exit at EOD)
Evil Rat ES +6.00
Evil RAT NQ +4,75

Wow all in all very impressive. I must say 🙂

9:10pm EDT: Check out this ZH post regarding an anticipated rally in the USD – I tend to agree with Tyler, but you rats already knew that for weeks now. When the last idiots out there are jumping into the USD short trade then it’s really time to go long the ole’ buck.

About The Author
Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.