Update on XLE and EEM

I covered another third of my XLE short position on the close today. Crude oil and XLE have had such a nice down move, how could I not take some.. So now I am holding just a third of my original position.

EEM I still like on the short side. I just put that position on the other day and it was down 2 dollars at one point today but rallied with the rest of the markets in the afternoon. I'm going to hold this position for awhile because this is a long term trade.