DECEMBER 12th: PORTFOLIO POSITIONING

Dec 12, 2011 | Portfolio

During the trading day today I tweeted the following:

I took off a majority of the short exposure today. My only remaining short position is in financials via FAZ.

I took a 1.50 point profit on half of FAZ in the 40.80 range during the last hour of trading.

I took a .10 cent profit on SQQQ in the 19.50 range.

I took an average profit of .90 cents on TZA between 27.96 – 28.20 during the market and afterhours.

A new position was initiated in AGQ (leveraged long silver).

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