Taking a more bearish tone.
Sold VLO for a 40% loss. ouch. I'll get this one back in the low teens.
Sold AA for a 20% profit.
Sold GDX for a nasty 25% loss after the put options I wrote last month got exercised.
Lightened up on AUY/UNG a bit.
Short SSO.
My spec account is now "hedged".
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It was nice to see the bulls take a big hit today.
ReplyDeleteEverything I was short was off more than 6%, I need to update my positions tonight on the right when I get a chance.
880 is the last line of defense for the bulltards. I did not expect us to reach it so soon.
I guess the old saying about “Stocks take the stairs up and the elevator down” is true…