I have about 10% of my liquid assets in leveraged short positions: S&P 500, NASDAX and Biotech. I closed my China short several weeks ago and I may get back in if we get a spike in the Chinese market. I have done well on China but do not trust the transparency of their market. If we break above the recent domestic trend I will begin to raise cash on my shorts. I did well before and during my vacation, so I am willing to absorb a loss of some of my gains.