Sold Down Merck

I have sold down my long position in Merck after a greater than 20% gain on the position. This moves me to a net short position.  In addition, my longs are defensive while my shorts are in higher beta sectors. I also have a long treasury position (short TBT) that should do well in a corrective market. Please note: I will be on the road for much of the day.

2 comments:

Anonymous said...

NICE TRADE DAWG.

CASH MONEY U GO GURL

Anonymous said...

dude nice call on simon properties. i shorted it at 83. im thinking of covering. how much farther do you think it will go?