Trader XYZ

This is a follow up post to Wednesday's "USO-Channel Buster" postOne of the last things I said as of Wednesday regarding USO was,"Today's intraday trade suggests USO may get a little bounce tomorrow, it is not uncommon for these trades to revisit the channel."And the last sentence is where we left off the USO Analysis (although at Wolf on Wall Street we have a longer term view of what we think

This is an options trade from Wolf on Wall Street, as early as Feb. 21st, we expected a head fake move in GLD.Here are the charts from Chart.ly you can see posted on Feb 23rdhttp://chart.ly/nspt2vphttp://chart.ly/box9veshttp://chart.ly/kl9pvkjThe trade netted over 200% in 4 days

Now we see something even bigger, should play out next week.Brandt Uses Worden's TeleChart and StockFinder 5

Here is a timeline and excerpts of Wolf on Wall Street posts related to our GLD trade which made nearly 215% in less then a week.On February 21st as part of a larger post that covered out longer term perspective on gold/GLD, I posted this chart.

Below the chart I said," A trading range has been established, this is a set up for T.A. traders, a breakout from the range is supposed to be bought,

This was an intraday trade in GLD today from Wolf on Wall StreetWe saw the 3C negative divergence in GLD...

Then simply used March $173 Puts and in a few hours had a 4.41% profit.By way of comparison, we made in two hours what it would have taken 27 days to make being long the SPY.

More about Wolf on Wall Street..Brandt Uses Worden's TeleChart and StockFinder 5 Exclusively

Some End of Day Analysis Excerpts from 

Wolf on Wall Street


Last night I saw some surprising news as details of the "Greek Bailout" continue to leak. It appears that a former Labor Minister in Greece spilled some details that included the right for Greek lenders to seize the gold in the Greek National bank. Reuters confirmed what the former labor minister said, saying they found it in the "