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Fed, Markets and VISA

Published on March 18, 2008

Fed, Markets and VISA

March 18, 2008

I mentioned my “gut feel” that we may see “Buy on Anticipation and Sell on News”. Alright, so markets did fall from 2:15pm till 2:30pm but to rise all the way back up and even higher. Intra-day trades, these days, are not easy and one needs to be very quick in decision making.

Here is how I played the whole speculative scenario:

  1. I bot VIX Puts a day ago due to my “gut feel” that it will be fall because markets will rise as it already anticipates big cut. VIX was down at open and I sold my VIX for mix profit.
  2. Then money tree payday loancheap loan payday tillfax free loan paydayno fax payday loan missourino credit payday loancalgary payday loan,calgary loan paydaybank loan no payday statement30 day loan payday,30 day payday loancash advance payday loanpayday us fast cash loan,fast cash payday loanfax instant loan no paydayfirst cash advance,first southern cash advance,first cash advance houston txcash advance,first cash advance,lawsuit cash advanceinstant cash advance,advance cash instant loan taxesrefunds using,instant cash advance with no faxingcash advance until pay day,advance cash day payadvance cash loan loan paydaycash advance new yorkcash advance online same day,online cash advance,100 online payday cash advanceadvance cash check credit no online,advance cash check credit no,cash advance no credit checkpay day cash advance,advance cash day pay until,advance cash day in loan pay ukadvance card cash creditcash advance loan no fax,advance application cash loan,cash in advance loancash advance loan online,advance cash fast loan online payday,advance cash fast loan onlinecash loan payday quickadvance cash overnightadvance cash day loan paypayday cash loanadvance cash faxing magnum,magnum cash advancefaxless cash advance,no fax faxless cash advance payday loan,advance cash faxless loancash til payday loanadvance advance america cashcash till payday loanadvance cash faxing loan no payday,no faxing cash advance,advance cash faxing money no nownational cash advanceadvance cash now quick,quick cash advance,instant quick cash advance loanace cash advanceadvance cash company,scams on cash advance companycash advance nowfirst american cash advanceloan oneclickcash paydayadvance cash fax no,1000 advance cash no fax,georgia no fax cash advancecash advance payday loan softwarequick cash payday loanpayday us fast cash loan,fast cash payday loanbad credit cash advance,no fax cash advance for bad credit,advance bad cash credit loan loanadvance cash loan online paydaycash advance company,advance cash company scams,advance advance cash company heiradvance cash loan payday today,advance cash cash loan loan payday quick,advance cash loan paydayallied cash advanceadvance cash loan payday software I bot VIX calls before the FOMC announcement due to “gut feel” that it will now rise (means S&P to fall) after FOMC announcement.
  3. I also purchased SDS 66 March calls (Ultrashort S&P500 shares) before FOMC announcement as I saw volume increasing.

I liquidated both VIX and SDS calls at the very first reversal candle and booked my 37.9% profit on SDS and break-even on VIX calls. You can find trade details and also may discuss here at the forum.

VISA (V) The largest ever IPO in US will start trading tomorrow. Everyone is “positive” or “bullish” about the stock and net is filled with Newsletters, commentary and everything else about VISA. Amidst strong demand, VISA closed IPO at the top range of valuation. If you are looking for more information check out a good summary by Travis or another fellow blogger Vivek who has put together a fact sheet on VISA.

GS, LEH got through it, Fed cut by 0.75%, The street got what it wanted to hear. What’s next?

Profitable trading, OP

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