Well, that didn't take long, did it?
I started the day with fifteen call positions (including some big ones on FXI and OIH), and I sold 'em all. Every one of them. I made a nice profit on just about every one, with a couple of minuscule losses here and there.
So I'm 100% in bear mode again, having exited during today's big rally. I've got 50 positions – 25 in one account, 25 in the other – and all of them are puts, including a few monster-sized index puts.
See, I may be a traitor to the cause, but my betrayals are measured in hours, not months. I'll excuse myself at this point because I'm doing an "open house" on Investools.com. I'm not sure if I'll have time to post again today, but I hope my multiple posts during the Easter weekend grant me some forgiveness among you.
