Add 80% of NAV to the -GBP/yen position. It will become 90% of NAV total at 144.20 gbp per yen. We could have staying power here. We have to take some of the negative volatiility. I should have been more aggressive earlier though. This is one occasion where whipsaw can happen, but we need staying power. I am sticking with this despite any negative volatility. I need to erase the loss from Bernanke's guillotine. I should use gold as a hedge when actually longing the dollar. Let that be a lesson for me.
Close -EUR/CAD (opened month at 1.5703 euro for c dol and closed at 1.5925) and -USD/SEK opened at (8.0365 dol per sek and closed at 7.9365)(a small gain) together they cancel each other out since SEK had about a 1% gain, and CAD had about a 2% loss.
Close JGB short (it gained only a bit, like .16% to the portfolio. it went from 1.40-1.44% in yield.)
Portfolio (8 positions/ 2.55 : 1 leverage)
Equities (35%):
- SPY 30
+ PBR 5
Currencies (130%):
- EUR/SEK 25
- EUR/AUD 5
- USD/JPY 10
- GBP/JPY 90
Fixed income (70%):
+ German government bond 10 year 70 (currency hedged)
Commodities (20%)
+ Silver 20
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