opportunity....


i still hold dia dow puts , but am thinking of covering...want to cash a nice profit from last week...hard to know with market so volatile...vix is getting worn out..lol..


1. notes and bonds did not act like "flight to quality" during july 19 sharp drop in us dollar..


2. us dollar now has butterfly pattern vs euro.....


3. notes and bonds have gartley pattern sell signals..


4. amgn, cof strong during "blood in street" day (note i have substantial call option position in amgn)..


5. hey, i do not know what will happen...but i do think there is a very reasonable chance for at least a "summer rally", starting this week....


jmho..info purposes only..not investment advice,,,gl