Saturday, March 5, 2011

The Situation in the Middle East remains 'fluid', anything can happen

Dear Reader,

I will post 'results' if hypothetically I have entered in the mentioned in the previous post positions  at the closing prices on Friday 25th February and sold the investments at the closing prices on Friday 4th March:
NYSE Tickers 'Results': USO (+6.7%), GLD (+1.4%),  Short JJA (-3.4%), SPY (+0.1%), but the out of the money April 2011 @ 140 USD PUT on SPY is +15% , FXF (+0.3%).
By  simply manually adding the results we get a profit of 20.1%. This is the result of my view on the market for the previous week!

The above mentioned tickers are ETFs on commodities, currencies and a put on the S&P 500 index. Just enter the tickers in Google Finance or Yahoo Finance and you will get more details!

For the week ahead: Nothing is certain!  The protests in oil rich Libya and Oman continue. 'A day of rage' is scheduled in Saudi Arabia soon according to western media. Anything can happen...

Personal views on the market for next week: Buy OIL, Buy Gold, Buy Silver, Buy out of the money puts on the S&P 500.


Disclaimer: Please be advised, this is NOT a reccomendation to buy the mentioned securities, commodities or their derivatives. This is just my personal, hypothetical view on the markets.
I do not own any of the mentioned commodities or their derivatives traded on exchanges, and options on indices and I do not plan to own them in the next 72 hours!

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