Pinching Myself

I haven't posted in a few weeks.

Just a quick update on the positions in the portfolio-

Currently:

FXP (ultrashort China_)
SSD (ultrashort semiconductors) small position
QID (ultrashort Nas 100)

today I ADDED:

SDS (ultrashort S&P 500)
TWM (ultrashort smallcaps)

plus I added to FXP

I plan to get back into DUG on any little pullback.

Sometimes I scare myself: things have been unfolding in the major markets pretty much as I had envisioned. No pride, though...in this biz things can change on a dime.

I am delighted with the action in the US dollar. Today the USD/EUR came down another two cents! That doesn't mean things are great for the markets, because the economy is still slowing down, PLUS the benefit of a weak dollar is getting sucking out of US corporate balance sheets.

It does look like I was right about USD/EUR level of 160 being an inflection point. Kudos for me!

But I've still got work to do if I want to be in the plus column this year...I'm working on it!!

I promise at some point I'll throw up a chart and explain myself more fully. Just suffice it to say I'm feeling more comfortable with my trading rules at the moment.

Plus I'm working on a dedicated website, with music stuff plus all sorts of other goodies!