Big Ben is in the house! Nice to hear from you.
I hope you've read the "sell your long position" thread. If not, here's one for you,
"Here's a bet. SIRI is sure to retrace at some point. The bet is that Big Ben will show up asking if those of us that are long sold and took profit (and calling us morons if we didn't). Then he will go to some schpeal about dead money and taking profit. Buy and hold is dead!
Any takers? Big Ben is back in the line up. You'd think he'd show up to celebrate."
I'm down 30% on SPXU. Why am I still holding? With QE2, isn't the writing on the wall? How high will the Dow go? I'm just a fluxummened as you are.
I took up some positions on commodity ETF's (metals and mixed bag) and made a bet against the dollar on currency ETF. So far so good.
Other than that, I'm still holding SIRI who got two target price increases this week.