Wednesday, March 11, 2009

Running on Empty



I'm now about 7:1 puts to calls. I added to my position in QQQQ puts and added to my position in DF puts today.

This market looks pretty sick again (even though there was a little strength around 3pm), and it will be interesting to see if it has anything left in the tank to move higher in the remainder of the week.

The only calls I have remaining are IBB (currently a loser) and IWM (currently a winner).