Buying some "covers" for my Long Term Rydex 200% Inverse S&P500 holdings......still holding a good size remaining position that I entered into fall of 2007.
Fully loaded!!!! Blast off baby... we close green!!! just kidding about the closing green. But this is the best buy in years.
The economic situation isn't bad at all. Unless the fundamentals show evidence of worsening the downside will be limited. Dow 250 points off the lows.
I added INTC for a longer term at 16.45. Hopefully I'll get dividends with GE and INTC while I sit and wait.
Love it when a plan comes together <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2108836