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Strategies & Market Trends : Longer-Term Market Trends

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To: Perspective who wrote (1599)	8/8/2008 11:49:26 AM
From: skinowski	of 3209

Started shorting a little, mostly via SPY and Q Dec OOM puts. If I'm right, the move is likely to be substantial, and OOM should do well. If I'm wrong, the risk is limited. Did quite well on the long side since mid-July. Still unwinding the positions... tightening stops. Giving up most of my gains on several LTBH energy positions... no fun. Had them partially hedged by long DUG and short OIH and UGA.

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