Out of Double Short Oil, Double Short Real Estate

In the Best of Funds portfolio, I closed out PowerShares DB Crude Oil Double Short (DTO) and ProShares Ultra Short Real Estate (SRS). I don't think the trades are wrong fundamentally, but I was down about 30 percent and 20 percent, showing the timing risk of leveraged funds. The failed trades cost about $13,000, or $0.13 on the shares, which closed at $14.42 yesterday. That makes for a loss of about 0.9 percent for the fund.

I'm still in several other short funds, which have losses clustered around 10 percent.

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