Crude & Gasoline Futures - Weekly

Just a pause and still amazing how the terrorist have driven up gasoline in comparison to the actual cost of oil. I wonder how much of that Futures money is Republican money?  Yet another piece of the bull**** not truly covered by the media.  Wouldn't it be nice to know who is REALLY behind this non-substantive fake demand?

GMCR

Topping or ready to launch to $75?

At the money Jan 12 Calls & Puts $10 per contract. Would be nice to be able to sell $80 calls to pay for part of $65 Calls. However a break below $63 could pick up steam quickly.

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$VIX

The price of Options continues to get cheaper making those long Calls worth less and the Puts cheaper to purchase. Could be a good time to get some Long Calls on future implied volotivity.

In the money Oct 11 Calls going for $7.75 per contract

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$SPX

If the market were a wrestler he'd be called for stalling in 2011...

Pretty simple technical read form here:
Breakout above 1360
Breakdown below 1250

May be 2012 till we know the answer.

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MO

Forming another pennant above $25.80 consolodating for next move.

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SIRI

Resistance @ $2 moving stop to $1.84

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SLV

Still room to go...

Stop up to $43.49, loose @ $41.99

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