Summary:
Gained 2.6% last week. I spent most of the week selling, dumping OCNF, CNEH and the last of my AHR-C, trimming NRF, NRF-B, CMO, and RICK, and shorting more CRM, FAF, and TOL. The only buy I made was covering the rest of my HOG short.
I guess you could say I think we’re heading down pretty soon. I intend to buy back the CMO and NRF positions (RICK too at some point), but decided to take some profits and raise cash because I don’t think we’re out of the woods yet and prices will get better. I don’t have any hard evidence of this, and certainly alot has been priced in, so I guess I’m relying on my trader’s instincts. If only they had kicked in a little harder in September.
Positions:
Long: ALSWF ANH CFC-B GREXF MDNNF MEAOF MLKKF NRF NRF-B RICK SGTI SNEN WHX.
Short: CRM GAP GCI MEG MNI TOL.
Calls Long: .
Calls Short: .
Puts Short: Jan 5, Jun 5.
Cash: 22.0%
Short Pct: 17.0%
Read:
Stocks Researched:
Positions most worried about: SNEN – how hard will China slowdown hit.
Positions most sanguine about:
Biggest market worries: the market 
.
Thinking about:
Outlook ( up-flat-down surety rating: 1-5 reasoning):
US: flat, 1.0; .
Tech: ??
China: ??; economy softening more than expected
Silver: flat s/t, 2.0, price action; l/t up, 1.0, industrial demand, but price rises.
Gold: who knows?
Copper: flat-down, 2.0. US demand falling.
Real life: fairly productive. designing a new Facebook app
Weekly sleep and exercise: injured again; playing soccer but not much else.
Mood: decent.
