PORTFOLIO UPDATE
I announced the initiation of a short position in MOO at 50.95 during the first half hour of trading. Later in the trading day I posted on Twitter that I added to the position making it a large short position within the portfolio. MOO is a play on a weak commodities sector that I went over in the chart review this weekend. The fact that the Euro is weakening again does not help this already struggling sector.
I also announced the initiation of ZSL in the morning. I am keeping this a small position until I see silver fall further. Today was a good first step.
