Position Update

As of yesterday-

I took on a half position in SKF (with the notion to add on weakness).

I took 2/3 profit on DUG, because I feel that the short oil trade is due for a rest. If DUG takes out highs, I will start scaling back in.

FXP has been doing great until this morning when I'm giving a chunk of profits back; but that was the plan and now I'm planning on entering orders to buy more on weakness.

My overall opinion of these markets is that the bear market rally that has taken us through last month is starting to crack, so preparations should be made to re enter more bear funds, and otherwise just sit in cash.