Tuesday, February 27, 2007

Quick Midday Update

As selling begets selling not only in stocks, but in commodities, I took the opportunity to dump the metals futures positions across the board to lock in recent profits... no sense in ruining an overall up day from profits in VIX calls, BIDU puts, etc on losing profits in metals, especially gold and silver. The run back to $690 in gold earlier was a gift today.

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