Summary:
Lost 2.0%, breaking a string of 5 weekly gains.  I dumped more NRF-B and CMO, and some ONAV, was assigned some NRF, and sold the Feb 45 SHLD call.  I expect a correction.  Cash is up to 40%.

Positions:
Long:  ALSWF AGNC CFC-B GREXF MDNNF MEAOF  ONAV NRF NRF-B SGTI SNEN WHX.
Short: CRM GAP GCI HOT LEN MEG TOL.
Calls Long: .
Calls Short:  SHLD Feb 45.
Puts Short: NRF Jun 5.
Cash: 34.3%
Short Pct: 20.0% (28.0% of margin acct) 
Read:

Stocks Researched:

Positions most worried about: SNEN – how hard will China slowdown hit and no guidance. 
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.