Friday, March 31, 2006

Bought The Dip

Things are working out as expected. Oil gave us a nice, buyable dip and Gold held it's "sold off" levels. Our stance is unchanged.

The only disappointment is the Housing sector with KBH, RYL and other names printing weakness. Well, we can't be right all the time... :) Adding some calls here (we're getting a big overleveraged on long positions) and staying with them for the next few days.

Have a great sunny weekend!

Cheers,
/Dmitry



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