Art,
View this video for some market direction, good information.

http://link.brightcove.com/services/player/bcpid315932693?bclid=316039987&bctid=
1644024642

The only short was Kol. I did this because I have BTU in my portfollio. I
think BTU will do better than the index, so I short the index for protection (I
do not have the ability to trade options. I will reapply soon) I do not want
to short an individual stock for fear of a takeover or some other lightning from
a clear blue sky.

I sold EP because of the assault on Gas/AG/KOL/X yesterday. But, I still
believe their long term play. When I saw them sell off so low today I reboght
EP. When I saw the rate of increase flatten and look toppy at least for the
day. I sold it. It closed higher than where I sold it, but I still believe the
bears are in charge. I will probably ease back into it with a standard nibble
away.

GU was throw the maiden into the volcano. Yesterday it was the only position
still green in my porfollio. I could not imagine it holding 12.5. I also know
that it is volitile as hell, so I figured the opportunity to rebuy at a lower
level was pretty good. I did not think we would see sub 10. But an 11 was a
high probability.

Not all trades work. Yes I know. I also bought DISCA as a trade. But, it did
not work out so well. Obviously, since Gas is now so high, people will
certainly not be spending more time at home watching TV. Not! Well, maybe it
will bounce next week. If it falls much more I will cut my losses.

I do not see the bottom yet. We do not have the ViX not enough news coverage of
the markets paain by the "regular" news.

Art

Art, It is called survival of the fittest. You have obviously caught on. Just be
careful.

That is why those folks who have portfolios managed by a professional whether it
be individual equities or mutual funds are opening their June statements in
HORROR!

nice job art, in this type of market you have to do anything to survive and
protect investments, obviosuly every trade isn't going to work out so just be
careful

Yeah, I was an investor too but now I run from shell hole to shell hole in no
man's land while being shot at from 360 degrees.

Hi Art,
I am glad that things are looking up for you. You sound very positive today.
That's great. Best wishes.
Kathy in NJ

it really is not a war. one must adapt to both ways, its like luke going over to
the dark side. feel the force luke, fell the force. its not so bad, there will
come a time when you wished that the SOB is going down. quicker and faster money
making , if you ask me..............chris

Getting pissed off and shorting everything without some kind of a strategy is
not a good idea. I hope you know what you are doing.

Of course buy and hold isn't working - it's a bear market and you need to have
patience and a timeline out at least a year from now.

*where

There you go Art! Adapt & Overcome. Who cares how you did it. As long as it
works for you. The bank is not going to ask you weher you got that $. Hang in
there Art. You get through this and you'll master some styles, to make you
better.