Well, my Copper short that I'd entered yesterday hit its stop loss of 324.95, so I'm out of that for flat. Oh well, it was worth a try to try and get the position larger as the market fell. I'll sit out of this one for a few days and re-assess.
My Crude Oil short is finally back to flat following a large increase in inventory's. Perphaps my timing on this trade wasn't ideal, but I think it's inevitable that oil falls substantially from here, so I just plan to leave this trade alone for now.
Away from that, I'm still tempted to enter some new equity shorts. Currently I have my eye on Mohawk Industries (MHK), a carpet and tile supplier. This is exactly the sort of industry that will get hit from the fallout from housing and a slowing economy. They report results on February 14, so I plan to be short by then. As for my current shorts, I love them all. I feel extremely confident sitting short the market just now.
One thing though...if anyone has any ideas of some stocks to get long, please mention them! I've only got 3 on (HLYS, BID, IACI) and I don't particularly like them. IACI is off 3% today after posting a large quarterly loss. If I didn't have so many shorts on, I'd let some of the longs fly.