I maintain Yumana gold (AUY) and Financial Bear 3X Leveraged (FAZ). I am covering my eyes. I removed my stop on AUY. Let the chips fall where they may; I have a bunch in cash.
Showing posts with label SSO. Show all posts
Showing posts with label SSO. Show all posts
Wednesday, July 22, 2009
Stopped out of SSO short
The bulls are still in the drivers seat, and my market short was closed for a roughly 10% loss.
Monday, June 22, 2009
More positioning
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".
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".
Monday, June 15, 2009
Thursday, April 9, 2009
Things I "should" do today
1) I should be getting out of my GDX trade today (breaking 200day MA)
2) I should be getting long on the market again (financials breaking out PM)
The contrarian in me wonders if this is a big fat nasty trap.
2) I should be getting long on the market again (financials breaking out PM)
The contrarian in me wonders if this is a big fat nasty trap.
Thursday, March 19, 2009
Protecting my profits, cleaning house...
Sold C @ 3.06 (cost was 1.6)
Sold UYG @ 2.76 (cost was 2.25)
Sold GE @ 10.67 (cost was 7.1)
Sold HUM @ 25.73 (cost was 21.2)
Sold SSO @ 19.63 (cost was 17.2)
My longs now are all inflation related and I have raised quite a bit of cash.
I had very nice gains on all of these positions.
Sold UYG @ 2.76 (cost was 2.25)
Sold GE @ 10.67 (cost was 7.1)
Sold HUM @ 25.73 (cost was 21.2)
Sold SSO @ 19.63 (cost was 17.2)
My longs now are all inflation related and I have raised quite a bit of cash.
I had very nice gains on all of these positions.
Friday, March 13, 2009
Thursday, March 12, 2009
Buying the breakout on $SPX above 750
No resistance until 800, so I will be uberlong in that no-man's land, once we are trading above 755.
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