PUTS Time Is Paying Off Or Is It?

Wow, I cannot believe how quickly things have moved to the downside - I picked up the Pulte PUTS on Friday and they have already doubled!!!!! I went ahead and took 2/3 of the contracts off the table this morning. I don't have time to publish the entry and exit charts this morning but here is the portfolio snapshot - I am staying long the Wachovia PUTS.


Also of note is that my gold positions are absolutely getting murdered. I don't think I am going to sell them here, but I won't be buying anymore either as it looks like gold is going lower at least in the near term.

Regards,

BG