Friday, August 19, 2011

Shall we weekend early?

I sold out of my Starbucks (SBUX) and Spyder S&P 500 ETF (SPY) and bought some NASDAQ 100 ETF (QQQ) puts as I'm going short in to the weekend unless we fall more than a percent or so from here. If that happens I'll be 100% cash at quitting time.

This in not a recommendation to buy or sell any securities. DAK was short QQQ at time of publication but positions can change at any time.

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