Monday, August 8, 2011

WOW!

This sell-off was even worse than I thought.

I covered most short positions today, except out of the $ puts on CAT, OPEN, and LULU.*

Now I am wishing maybe I wouldn't have. Futures are slumping and pointing to a bad day tomorrow.

Hopeful for a bounce to repurchase short ETF's on...

*NOT INVESTMENT ADVICE...trade @ your own risk!

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