Thursday, June 18, 2009

Alpha-D Update for 06/22/09

Today was another crummy day for my Alpha-D Multi-Strategy Portfolio. I decided to buy back my short call options on EFA and VWO for this month as they had gone seriously in the money. You can't be right all the time.

Does this mean I'm changing my strategy? No way! I'll open new short positions next week as I remain convinced that the world economy is headed for further shrinkage. As the Terminator said . . . "I'll be back."