STOP LOSS HIT on KRE @ $62.50

Buy to Cover KRE @ $62.50

Realized gain of $0.90 (1.42%)

I kept my stop loss overnight and it got triggered on the open today to lock-in a reasonable gain.

I have a "feeling" that the Fed release today will drive markets down - ethics concerns, taper desire, etc. But I'm going to stick with my 20% net long & gross positioning.

(See note coming on sale of OGE)

My holdings are fairly high conviction picks that I'm willing to add to, so not a big deal if markets go down and I get that chance. If weakness seems to be "real" finally, I'll push on some shorts again. 

TBD - and stay tuned to what PE Powell has to say.