I am delighted, exultant, and relieved to state that this morning, I covered my 23,000 SPY short when the ES was down hard, and I (frantically) covered the 84 short positions that remained before we jolted higher. I even managed to score some gains from a BGU trade! I have no short positions. None.
So at this point, I am sitting on three – count 'em – three long positions. And that's it! For someone like "200 Position Tim", this is effectively flat. The position are nice and simple – DIA, USO, and UNG.
The past three weeks have been a borderline miracle. I am going to take it nice and easy for however much time it takes to climb back on the S&P, because this has been a huge amount of work, and I'm tired. But this is a really, really good feeling. Time for a bit of breakfast……..
