Two months ago, I swapped out my short position in UYG for a short position in FAS.  The goal was to further take advantage of the dubious compounding intrinsic to levered ETFs.  Unfortunately, my broker ran out of shortable shares today (yes, this is real money being dealt with).  Thus, my position was closed upon the market’s open today.  I look forward to replenishing this position, or something similar to it, in 2012.  The Top Five page is now updated.

10/21/2011 FAS short 150 13.55  $    2,022.51
11/10/2011 FAS rev split 1:5 30 67.75  $             -  
12/30/2011 FAS bought to cover 30 65.35  $   (1,969.45)
           $        53.06