September 9, 2014 Trade Alert - Contango Portfolio

We are coming into the September-October season when many market meltdowns occur (and the market is feeling a little weak after climbing to new highs just last week).  Turning these shares into cash will let us sleep a little easier going forward.  The biggest downside of selling now would be an opportunity loss if volatility remains low and XIV moves higher.  Right now it just seems prudent to sit on the sidelines for a spell.

Sell 90 shares of XIV at the market.
 
Happy trading.
 
Terry