BP – can it drop to all time low under $10 ? keep holding your $32, $30 July puts it has more to drop

Ok BP just broke target $29.05 for new 10+yr low at $28.84 next target $27.50

on GLD still a little nervous -feel a correction coming soon so be ready to sell out calls and buy puts- will let you know when I make trade

On UUP correction move stop t $24.43 equivalent, if price hold there and starts rising am adding more $25 Jly calls

FXE am adding some $124 puts to my $122 puts if price holds below $123.80 and starts dropping again-will let you know

On FXE – still many sovereign debt issues out there and Greece is coming back and Spain -G20 meeting will be interesting-stop at $124.01

on APC move stop to $41.79 equivalent, For UUP still lookng for $25.50 and then $26 continue to hold put stop at $24.75 equivalent

APC- still think we are going to retest lows- $34 approx, especially if the storm does go hurricane and hits gulf both BP and APC will drop

BP is testing my 2nd target at $29.00 having hit $29.05 move your stop on our July $32 & $30 puts to $30.41 equivalent

BP is testing my 2nd target at $29.00 having hit $29.05 move your stop on our July $32 & $30 puts to $30.41 equivalent

on GLD now in profits so for our July $120 calls move your stops up to $119.75 equivalent-continue to hold position picked up yesterday GLD

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