Market Ruminations

I have to play a little catch up here as I just got back from a 2 week cruise to Alaska and Denali National park. I sort of lost track of the market because of being mostly out of touch with the internet while on the cruise portion but here is what I did take care of. My long position on US Treasuries turned south and crossed over the moving average line to the downside so I did manage to dump them while I was in Alaska. The chart is below and the break down after that. 

I managed to get out right at 83 which is pretty close to a perfect sell point. In an ideal world I would have dumped them at 86 but I don't live in an ideal world. I purchased them April 8th at 77 and dumped them in June for 83 so I made 6 bucks a share in a little over 60 days.. That figure out to a gain of 7.8% in 2 months which is a lot better than money market rates. I haven't analyzed the charts to see if I should go short Treasuries but I'll let you know if I do. As you can see from the following chart the last 2 weeks have not been kind to me but I am still confident things are going to go the other way. In any event it is back to analyzing the chicken bones and charts. Totals update below. 

	Today							Since Purchased
Symbol/Name	Price*	Change	Last Trade	Gain/Loss (USD)	Shares	Price Paid	Purchase Date	Gain/Loss (USD)	% Change	% Port	Value (USD)
DUG:US ($) ProShares UltraShort Oil & Gas	28.26	+0.04	09:30	+4.00	100	30.00	05/31/2011	-174.00	-5.80	33.61	2,826.00
DXD:US ($) ProShares UltraShort Dow30	17.14	0.00	06/30	0.00	100	18.00	06/01/2011	-86.00	-4.78	20.38	1,714.00
SJB:US ($) ProShares Short High Yield	38.69	-0.33	09:30	-33.00	100	39.50	06/14/2011	-81.00	-2.05	46.01	3,869.00
Totals				-29.00				-341.00	-3.90		8,409.00