Wednesday, December 02, 2009

Quicknote (bearish interruptus)


Moved out of most positions today and left now with only two longs; very small overall position at the moment.

Somehow I got through this storm flat (thanks to longs like HEAT; and now DGW); my futures accounts did get nailed-ugly however. Gory details are available via Twitt-feed here.

I mentioned in a comment here last night, I'm not going to ask a question like how long can this market go on like this - instead I have to ask how long I can go on fighting it.

Total Position: 100% net-long, 13% invested
Currently Long (according to size): DGW (8.5%), CML (4.5%)
Currently Short (according to size): no position
Futures Accounts: no position

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