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**D*A**

10/18/11 6:52 PM

#89501 RE: Phoenix-Rising #89500

I'm not sure what made the market all happy? I'm a bagholder in FAZ now too. I picked some up this afternoon before that spike in the market. The spike did make it nice to sell out of the majority of my long positions.

Now I'm mostly in cash with some bearish exposure in FAZ, SPY 116 Nov puts, and short on TWI. Behind on all these positions currently, tomorrow is another day.

EXCEPT in my 401k, I'm still 60% long and stuck until Nov 4th before I can get out. The good news is, I just looked at it, I'm up 3% from my entry.