While volume is light and the market bounce has for the most part subdued (outside of AAPL and the NDX stocks), action is fairly firm today relative to a re-declining Euro.
I've no intention of sticking out necks, or getting bold in either direction just now. If the market can continue to bounce, I'm looking to add longs accordingly; progressively. If we deteriorate again instead, I'm happy to defend; firing short on days when internals are extreme negative.
Easy enough.
Total Position: Currently ~1.9-to-1 net-long; 39% invested
Currently Long (according to size): EWY-S.Korea (8.2%); SBUX (5.0%); EWS-Singapore (5.3%); MF (reloaded today, 5%); CRUS (4.4%); ITMN (0.73%)
Currently Short: SDS-long (SP500 Index Dbl-short, 5.6%); EPV-long (Europe Dbl-short, 3.7%); Note: Inverse ETFs currently weighted @1.65 x's
Futures: no current position
Twittspit for details
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