ON 22 MAR, I added some more RWM to the portfolio at 21.61. This addition of RWM constitutes about 5% of the portfolio. Kind of interesting that we had three major players in 3 major industries recently tell us things are not good, but nobody seems to care: CAT, FDX, and ORCL. Aluminum prices are down in the dumps. Even with the aluminum glut, if things were so great, wouldn't aluminum be picking up a little bit instead of going down?
Let the funny money flow and hope for the best, I guess. Haven't we seen that, before?
IWM Puts: 4%
Cash Securing Dell Puts: 73%