May 5

11.30 a.m. Slightly busy at work today. Took 70% off the table from UNG for a 4% profit. We will wait and see if the 20d is reconquered. Stance is still bullish on the overall market. It may pullback into the high 890s or even worst case 881 (61.8% retrace of the move), but it will be a buying opp.

1.10 P.M Sold the rest of my TBT (10%). Traditionally interest rates peak in may.
1.15 P.M Covered 20% of my GILD position. Will reload higher around 46-47.

4:30 P.M Looks, smells like consolidation for another move higher. GILD could have finished wave 1 of 5 of 3. May get a small bounce, but it would be another shorting opportunity . Out of precious metal shorts from last month. Looks like a bounce is ensuing.