SUNW

Stopped out @ 3.88. SNP stalled, let’s get out in light of current market correction. SOHU is approaching support level at 30, if it holds up, then go long again with target 35 annd stop right below 30.

Weak Job Market

After breaking out last resistences, all indexes went down today although they were up for the week.

Long: SOHU (it’s forming a bull flag, trail 2 and sell limit @40), SUNW (stop @3.5) and HNP (trail 3).

Short: QQQ (Oct PUT, under water) and AMZN (Sep PUT) and XOM (Sep PUT). The AMZN and XOM puts are left over from previous hedges for closed SSF trades.

Weak Job Market

After breaking out last resistences, all indexes went down today although they were up for the week.

Long: SOHU (it’s forming a bull flag, trail 2 and sell limit @40), SUNW (stop @3.5) and HNP (trail 3).

Short: QQQ (Oct PUT, under water) and AMZN (Sep PUT) and XOM (Sep PUT). The AMZN and XOM puts are left over from previous hedges for closed SSF trades.