We will watch both of our housing short positions in Portfolio #1 in RYL & LEN through tomorrow and we may decide to take some action on Friday depending on how tomorrow's action carries through regarding those two housing sector stocks.

Portfolio #3: ALERT We are placing a Good til canceled BUY STOP orders on VVUS December 10 call and the to close.

We are placing a BUY STOP on the VVUS December 10 call at a $0.60 DEBIT

If the BUY STOP PRICE is triggered we will be stopped out of the VVUS DEC 10 call and then sell the VVUS DEC 12 call to close at the Market.

However, if the VVUS Dec 10 BUY STOP PRICE is not triggered we will continue to hold the position.