Mosaic

Great short-term buy-write. Buying Mosaic for $66.76. Wrote an OCTOBER $67.50 for $1.10.

$174 potential profit (2.6% or downside protection) with 5 days left to trade.

Gold topping

ST top is in on gold, $1364. First pullback is to $1300.

Bought 1000 DZZ at $8.99 to hedge some downside risk (not all, of course).

This bear has gone into hibernation

All 2000 sds sold for an 9% loss.

I'm hiding in my gold stocks and value stocks. If I called the top so be it. Let the chips fall where they may.


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Out of moly again

Sold mcp at 28.7$ this am. Looks like a solid sale point. May re-enter from the long side depending on mkt conditions


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Moly, Transocean

Sold MCP @ 28.21 (30% gain) on Monday. Bought it back at 26.25. Huge, beautiful bullish reversal today with a long tail on heavy volume.

Bought back by RIG call late last week for a nice 30% profit. RIG is beginning to look overbought but I think oil is starting to break out and RIG may exceed 70 in the near term.

Repulsed

Gold was repulsed (temporarily and not violently) from $1300. The miners have sold off worse than gold itself. This is a good entry point for additional miner shares. In other news -- the s&p Is amazing and I will be covering all my shorts probably Monday when we hit 1155


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Backing up the truck short

Bought 1000 more sds at 29.9
Will sell all 2000 sds at 28 if we break out here

The FOMC meeting marks the top


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