Busy, busy, busy…DJP, GLD, FAS, ETCETC

Posted on Jan 21, 2010 by in Letters

Busy... (cf.  Vonnegut and Bokononists).  The brokers were glad to see us coming.  We took profits on a bunch of stuff, ranging from 10 to 20% in DJP, SSO, GLD, DIA, QQQQ.

We hedged part of our gold positions with GLL (short gold) and our index positions with SPXU.

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