SPU….We Want to pay for our shorts right in here by buying 30% of the our S&P 500 Futures right here @ the market! ” 1189.50 -11779.25″ is the key zone.

SDS traders sell 30 % of your longs at the market!

Model Trading Portfolio…Current Holdings

Long GDXJ

Long SDS

Short S&P 500 Futures

The TBT comments from yesterday were designed for specific clientele. ( This was part of a strategic hedging program for those clients) We have no outstanding positions in this instrument. We still see this as a big trade and we are waiting for a breakout.