Closing equity longs

Sell XLY (24.17) and XLP (22.66) and go short 30% SPY at 92.20.

Let's say that the gain from those longs resulted in a .4% gain when realized, turning the 1.3% loss into a .9% loss.

SPY could surge to $97.50, but if it does open higher on Monday for some reason, then we will add to the shorts. Based on yesterday's intraday trading and today's secession, I suppose, $92.50 is a strong resistance for SPY and the general equity market. I am comfortable with the short positions, even if it does break resistance. If the shorts move against me, I am more inclined to add.

I am calling a top now. Better than my $89.50 entry point.

Portfolio (10 positions/ 2.25:1 leverage) (approximate)

Equities (35%):
- SPY 30
+ PBR 5


Currencies (65%):
- USD/SEK 10
- EUR/SEK 25
- EUR/AUD 5
- EUR/CAD 5
- USD/JPY 10
- GBP/JPY 10
(consider building larger currency positions [short GBP and NZD against yen especially pound] first)

Fixed income (110%):
+ German government bond 10 year 70
- Japanese government bond 10 year 40
(consider a small long position in 10 year Treasuries)

Commodities (20%)
+ Silver 20
(prepared to short oil and copper