As a result, I am now recommending that you sell your UltraShort MSCI Emerging Mkts ProShares (EEV). You’re exiting at a loss here, but take comfort from the fact that you are booking strong gains on your other positions.
Also, I am moving most of your global stockmarket bets in the Global Bull Market Alert portfolio – specifically the iShares MSCI BRIC Index ETF (BKF), Baidu, Inc.(BIDU), the iShares MSCI Hong Kong Index (EWH), the SPDR S&P Emerging Markets Small Cap ETF (EWX) from a HOLD back to a BUY.