Sold The CAB Calls, Got Short Elsewhere

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October 2, 2006

Sold the CAB calls, bought DIA puts and IWM puts. I’m up nice on IWM puts, but still down a bit in the DIA puts. I think the dow will continue to selloff though and make those profitable.

I also swapped my index funds to the short side this morning. We may have to wait till Wednesday/fed for a resumption of uptrend, which means today and tomorrow could be pure pullback==fast and hard.


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