Tuesday, October 5, 2010

Bookkeeping: Adding Index Exposure Long on Hold of S&P 1150

I put on some conditional long index exposure via TNA ETF and SPY calls (Oct 115) with the caveat of holding these as long as the S&P 500 stays over 1150.  A break of 1149ish will have me out (very tight leash).

Translation: I am a marionette.  The marionette player above with a beard has me dancing.

POMO Arigato Mr. Roboto.

Styx - Mr. Roboto
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Long/short TNA in fund; long SPY Oct 115 calls; no personal position


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