Vol

by Larry Levin

Although there are no economic reports tomorrow, Ben Bernanke is giving a speech to the Economic Club of Washington, D.C. at 11am central. If Helicopter-Ben says anything incendiary, we could get another volatile day.

Speaking of "vol" (volatility), it sure did increase last Friday. We often say that we don't care which way the market goes as long as there is volatility. We don't care if it goes up or down - or both - just as long as something happens. There certainly was greater volatility Friday due to the better than expected monthly jobs data and that "vol" was both up and down providing us with great trading opportunities.

Let's hope for more...lots more...volatility this week!



Previous Day's Trading Room Results:

Trade Date: 12/4/09

E-Mini S&P Trades*
(before fees and commissions):


1) VA buy @ 8:33am at 1112.00 = +1.24 & +4.00 (2 lot)

2) 80% sell @ 10:10am at 1112.00 = b/e (1 lot)

3) Algorithm positions (10)

4) "Reading the Tape" positions (32) ...combined Secret's, Algo, & "Reading the Tape" total...+36.50



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