Nov 19

10:30 a.m Closed GNK @ 27. Still holding YGE. As of now appears to us like a correction. Next cycle turn is in the first week of December. Expecting to see some sort of a struggling correction into that timeframe. Our call for higher prices comes from the action in crude. Crude looks to be forming a bull flag, We would be a buyer of USO around 37.5 looking for 42-45 into Jan 2010. So we patiently wait. As we maintained before we believe the solars will soar during this last run in crude. We will watch patiently for now.

We are buyers if the SPX gets to 1080 for a quick long trade.