IYR theory is so far a failure (thx to Ben handing out our tax money), in fact I tried to sell the thing.
Bought: IPI Aug60call, HK Sept45call
i am back in the Ags & coal. Why? Because my bear portfolio is going to get whacked tomorrow I needed to hedge and jump into this rally... tho i think it will be short lived...
So, I got
2 bulls: IPI & HK
5 bears: IYR, RIMM, PCLN, RHT, DUG
I have no idea what happens tomorrow, Long term bear, short term big mean bull with 25K horns
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