Sold DXO @ 3.18 (cost was 2.39) (This position had gotten HUGE)
Sold TAN @ 7.45 (cost was 5.90)
Sold PAAS @ 17.14 (cost was 12.10) (I got rid of the covered calls I sold for $0.85 for $0.15)
Metals look to be breaking down HARD so all I have left is SLW and AA and both are 100% covered right now so declines do not hurt me.
I also added SRS at $40.25 and FAZ at $16.30.
I am not positioned back to the dark side where I belong.... FINALLY!
Dow 8000 seems a good a time as any to be pointed that way.
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I'm not sure i'm ready to short this market yet...
ReplyDeleteJust dipping my toe in. Only 15% of my account is currently short. (SRS and FAZ combined)
ReplyDeleteAs long as I cover if I am wrong and don't continue to average down like I have been known to do in the old days I will be ok.
Over 60% of my account is in cash right now.