Trading positions for 21st Oct 2009

Closed some positions in LionApac..

Opened the following position:

Jason Marine @ $0.3925

Just came back from my department dinner and saw that Dow opened low and exploded high in the early trading hours. DuPont [DD 34.53 0.66 (+1.95%) ], American Express [AXP 35.74 0.32 (+0.9%) ] and Alcoa [AA 14.03 0.24 (+1.74%) ] were the top three gainers on the Dow.

But in the technical point of view, look at UUP (USD chart), it is falling again and this is showing the strength in the market. If you look back in March, this is a clear sign that this inverse relationship is propelling the markets. More actions to come, as the market is currently moving slightly downwards.

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